RE:SP400 million lbs may be a little optimistic even for the Nexgen team IMO. I'd look for 300 million + and a lot more indicated in RE2. They will get to 400 million eventually, but when evaluating how many meters they've drilled since RE1, I just don't believe there's enough holes in the ground to double things quite yet. Patience is a virtue :)
rderkach wrote: i think the market is anticipating a RE of approx 400 million lbs based on $3 a lb in the ground. I think the RE will be completed for the PDAC. I know the CEO said March/April but it all depends on the company doing it and if they run into some issues. I can see it going to $4 in the next 4 weeks as March comes closer.