RE:GMP Securities: Going all-in on NevadaReading through the KOR North Bullfrog PEA done Jun 2015, this is JUST the North Bullfrog parcel:
Measured & Indicated - 655K oz gold, 3,347K oz silver
Inferred - 1,194K oz gold, 4,216K oz silver
+ new zones discoveries for this parcel happened through 2016.
The GPM reports states: "While the company is targeting an ultimate ~2Moz deposit, we are conservatively modeling a sulphide resource of 20 Mt grading 1.8 g/t for ~1.2Moz" "We are initiating coverage of KOR - TSX with a BUY rating and a $3.20 target price."
The North Bullfrog ALONE could meet GPM's 1.2Moz estimate, add in the Motherlode 2M is probable, 2.5-3M possible. Can't wait for the KOR combined PEA coming soon. I think someone or some group has been spending too much time smoking up in the marajuana sector. Nice thing about KOR is everything is shaping for a take over. A price will be put on the table by one of the big boys instead of theoretical share values put on companies by market players with self serving interests.