RE: RE: News sure is Shilock, however there is much more than they could reveal in this release as it was as Rick stated
"We did have a compliance obligation to make the release."
So more to come but too early for this release as you may read between the lines.
With only 31million shares this will sky rocket if for instance one of their neighbours need to extent their resources. with gold values increasing with dept this will increase significantly.
with 100.000 ounces "proven" and values from 25 to 60 gr/ton this will multiply fast.
take over bids dependent on easyness to mine the resources from 50-100$ per ounce its a easy calculation with only 31million outstanding shares. 200.000ounces = 10million at 50$/ounce or CAD 0,225 additional