RE: RE: stock price Nev will be a 35% partner. If PLG proves up 2mm oz's, the net to Nev is 700k. At $20 in the ground that equates to $14mm. Our market cap is 6mm+. Even at 2.5 times or $15mm the stock should be 15 cents. I don't think PLG is looking for only 2mm, they like to elephant hunt, 4mm is not out of the question. This brings us to PLG's Turkey properties, Halalaga and TV Tower. If these are sold, which they want to do, I would not be suprised if the register rang up $150 to $200mm. That is something to look forward too. The length of some of those drill holes are 1000 feet. In the old days this type of information would have ramped the stock to $10.
Back in Feb 2012, as reported by Stockhouse Nevada Sunrise Gold (TSX: V.NEV, Stock Forum) shares climbed 67% to 15 cents on volume of more than 13.9 million shares Friday after the micro cap explorer reported that Pilot Gold (TSX: T.PLG, Stock Forum) announced initial drilling results at Kinsley Mountain in Nevada, which included 5.91 grams per tonne (g/t) gold over 18.4 metres. I would look forward to something like this in the next few weeks.