GREY:OLEPF - Post by User
Post by
falcon9on Dec 18, 2011 10:47pm
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Post# 19333620
What would an up to date resource estimate be?
What would an up to date resource estimate be?I am new to the board....
Can anyone guesstimate (based on drilling results) what an up to date (Dec 18) 43-101 compliant resource estimate might be compared to their last published estimate of 3.3 million ozs. ???
I know people are throwing around blue sky estimates of 9 million plus ozs ...but I'm interested in the current facts (what a potential buyer might see).
Tough to say what ozs in the ground are worth in ths area of the world. Many factors and variables involved I know. Any thoughts on valuations are appreciated as well.
I'm still trying to figure out if this is a compelling buy or not. it certainly seems to be at a glance.
Thanks in advance.