PINL:VLTAF - Post by User
Post by
Bpultraon Feb 17, 2012 7:30pm
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Post# 19552641
I am calling 3 Bucks MIN!!! Nice read!!!
I am calling 3 Bucks MIN!!! Nice read!!!https://www.stockhouse.com/columnists/2012/feb/17/volta-pick-gains-60--in-six-weeks--stockhouse-tick
https://www.stockhouse.com/columnists/2012/feb/17/volta-pick-gains-60--in-six-weeks--stockhouse-tick
Based upon resource studies to date, Volta at the time of our report had an estimated 5.5 million ounces gold which, using our methodology was valued at approx. $23 per ounce (risked reserves). This excludes over 700 million pounds of copper
With five rigs running in the main zone and now one committed to this new discovery, we should see plenty of news between now and summer. While the 60% short term gains are attractive, I am hoping this is only the start. If they begin to drill up tonnage on this new high grade zone, we could be looking at a price comfortably in excess of $2 to $3 by summer.