RE: RE: RE: RE: Resource EstimateNo, you hit 1.85 with the resource estimate and feasibility study ... that's what people call "priced in" ... people are expecting these things to happen. There is little risk that they won't. So people buy with more confidence.
It's priced in more than people like to think at the moment.
I'm OK if it's above $2 ... but people are already expecting a good resource estimate. So the impact of that estimate will be limited to HOW good it is.
That, my friend, nobody knows at this point. We assume it's good ... hell, it probably is good.
I think that, at the moment, without a pullback etc, this thing is stil 1.75.
While we build up to the resource estimate and NTL and then feasibility, the price creeps up.
Just because the resource estimate isn't out yet, it doesn't mean it's not priced int.