RE:SPA hit some actual High GradeHey Mack,
Yeah, I agree that a buck a share or close to it isn't an unreasonable target if the POG gets and stays above ~$1600. That would produce a fully diluted MC of ~$250M for a substantially derisked project. The game-plan is that the current work plan should feed into a full FS, which will need some more $$$ for the study (hopefully not much more drilling/metalogy work to feed the FS though). So those numbers are realistic if the FS comes in at around $500M NAV at $1600/oz.
Also bought another 75k shares @ 4.5c. Doing my part to try and put a floor under this thing. :-)
>DM