RE:RE:Newbies this is "legit" info
Nice to hear that we are in many of the major funds. They are shareholders at $1.40. They are in the business of increasing value too. Seeing all of the attempts at bashing, it looks like someone wants the shares cheaper for one reason or another. Someone mentioned something earlier about the asset and grade. The FS will include the reserve figures from resources. The grade is fine. Averages about 1.15g/tonne over 5.2 million equivalent ounces and 0.83g/tonne over the 10.8 million. I am not sure if these figures take the 14% increase in gold recoveries into account. The higher grade stuff lasts 19 years so there's lots of insurance on the feasibility of the remaining 5 million ounces, imo. What are we valued at now, $6 an ounce? Still very much a ground floor price.