How do you get 25mm oz? You take drill results at 2 gpt pt/eq that start at 0 meters and go for 300, 400, 600 or 756 meters and you multiply by the density of the rock (3 tonnes per cubic meter,) and then you add the total up. It is very simple math.
The only reason this stock is where it is at right now is because the market has thrown the baby out with the dish water. The venture will be testing resistance at 970ish and if it doesn't hold there won't be much happening until fall.
Now on the other hand the recent "dot bong" bubble proves that there is some serious money on the sidelines and it is salivating at coming in when things do get moving. The trick is to own the stock "before" it goes up, which, in my humble experience usually means some painful dropping in value as well.
Carefully now the asks are drying up all across the venture world, and the good companies are preparing a move upwards. It isn't any different than Canfor stock at 5 dollars, GE stock at 8 dollars, or houses in Vancouver at 200,000. If you buy value and wait you will be rewarded. The reason is is because without fail once the price moves come the experts with the patience of 4 year olds will always want to feel right chasing price and volume.
Good luck to all, and remember, if it was easy everyone would do it.