RE: get the lead out guys I'm with you IKE I wish someone would have called GTA here as one to watch. The nice thing about the speculative market is there is always another GTA around the corner.
Canaco. If you give them .55c for cash the in ground stuff is being valued at around .80c or the market is telling us the 43-101 will come out at about 1.5 mil ounces valued around $55.00 an ounce.
So if it comes out at 2.5 mil then we should see $1.95 to get to $3.00 there would need to be a 4.5 million resource and inferred. Clearly the market is saying it will be 1.) 1.5 million 2.) is giving nothing for upside potential 3.) believes not everything is Geo-politically resolved.
To rebuild this company they simply need to address these issues and they can have their market cap back.
I'm also thinking of getting in to V.NGC on a pull back. Maybe V.GR as well. The market for Graphite is monstrous. The questions are many but number one , If the market goes the graphite route can it be supplied at a reasonable price? Perhaps NGC will have the only decent large flake open pit mine with with open ended production capability at Bissett Creek. Will it be enough?