EXPM:GTARF - Post by User
Comment by
Winwarrioron Aug 29, 2016 3:26pm
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Post# 25188205
RE:2 Million by 11:00am EST
RE:2 Million by 11:00am ESTMy assumption is that there will be an NR by the week after next laying out the plan for September with the end game objective being to drill this section to deliver a ya or nay on the economics of creating this mini mine. I suspect the decision to explore the recovery now and not after this 2nd phase was all about doing some due diligence so as not to waste resources - i.e. drilling - if getting the gold out was too difficult. I am convinced that GTA fully intends to mini mine and make themselves some millions to set up for acessing what is deeper down. The mini mine will provide some infrastructure for this and more importantly money. This does not look to ever have the potential to be a big going concern but with tight efficient management there is money to be made and if gold continues to inch up, not a bad return, AGAIN THOUGH, this is not going to ever be a $5 stock in my opinion and will likely struggle to get to a buck, but at its current price that leaves lots of room to make some money. imho