OTCPK:DRLDF - Post by User
Post by
RICHGUNon Sep 24, 2016 12:12am
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Post# 25273071
Upcoming Feasibility Study
Upcoming Feasibility Study - The upcoming Feasibility Study will probably present a much higher irr than analysts previously expected because of the recent stoking tests yielding 54% more gold than that the resource model indicated . The economics of the project will also be much better as they will only need to move less than half the amount of material to the Mills . At current gold prices the irr could possibly come in above 42% . There is high-grade gold open in all directions which will increase future Reserves. This is a real investment opportunity.