RE: Canaccord analysisThe target price 1.35- based on current gold indicated and measured.
I spoke to P. Cashin- geologist- underground mine permits out in a few months. Feasibility study for Las Herbin out at end of month. Assay results coming in a few weeks. This project is getting more attention from the analysts. It appears, that this play may be one of the largest gold deposits in the Val dor area, as the deeper they drill, the higher the grade of ore.Just wait for the assay results ,and updated n43-101. They are drilling on top and underground. Lots of assay news coming out. The good news so far-- no need for dilution--29 million in the bank - 3rd quarter mine production to start. I think if they prove that the resource is larger, this will bump up the price of the stock. Just Lac Herbin mine alone- 90000 oz per year production 2008- 30 million cash flow- 100 million shares- .30 x 6- 1.80 per share plus all the other oxploration plays Alexis has going.LOL