Post by
trader53 on Jan 28, 2022 7:03pm
After listening to Gareth
It is very clear that they believe the FMN zone will be another pit like the South Zone. The first two holes this year on the FMN zone at the new elevations looked very good based on Peters opinion and they have been sent to the assayer in North Vancouver rather than Kamloops. By years end I expect that we will be working on another maiden resource for the FMN Zone. If you accept the idea that they could be sitting on another million ounces you have to love this stock at .38. With two million proven ounces in the ground using $55.00 an ounce this stock would be cheap at .75. Gareth mentioned he has had discussions with Osisko Royalties who already have a 1% royalty and I hope rather than do an equity raise at this level he would do a royalty deal with Osisko or a joint venture with a major. I have been told that Gatheths father believes that they are sitting on a multi million ounce project. With his expertise and reputation I am sure there are many Companies that would love to get involved. GLTA
Comment by
ErinBrockovich on Feb 03, 2022 10:58am
It's looking way under valued at this price. Good time to buy.