RE: RE: JDN Metal Value!Guy: I believe we have the guts of the propery now and no we have the mineralization to depth, this set of stepouts should allow what lies to the north. We still will have the east west for width and south is proven but more will be required to see if we are at centre or to discover centre. This could get a lot bigger if step outs in any direction keep increasing. A very good prospect and a heck of a bargain in my opinion. GLTA.
PS: See KTN hit for us big time.
----------Original Message Posted 11/30/2010 5:40:42 AM----------
Of course, the calculations are just meant as an illustration of the disparity between the in-situ metal value and the current SP.
Sometimes people take 10% of the metal value to get an idea of where the SP should be heading, which would mean that we are looking at a $1+ stock.
Guy