EXPM:HRTFF - Post by User
Comment by
TA_Investoron Jan 12, 2018 4:10pm
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Post# 27345508
RE:Math test
RE:Math test4,000,000? is that what you are really expecting? This is only Sugar and middle zone to 1000 meter depth.
Hey, i would be beyong exstatic if we had 4,000,000 this round. The last one was only 450,000 total...that would be 10 times in 5 years of drilling. That would be almost unprecedented.
2,000,000 million would be a great gift.
Regarding buy backs, I doubt SR wants to run this mine long term. I imagine they would want to sell out in the next year or 2 max. They could start buying back some shares if they had some extra cash, but realistically it wont matter if we find 5million +++ ounces in the next year. Even now if we had 2millioin ounces at same valuation as Richmont would value us around 1.30 a share.
Dilution is bad but progress and ounces matter way more IMO.
TA