RE:Good Presentation @ VRICAgreed, that is a great presentation! Thanks for posting canusa.
Some great take-aways from the video include:
- doing 75,000 meters of drilling just on Fenelon this year
- having the drill results for the Beshefer property out at the end of the month ( i am guessing this Tuesday) and they will have their plan for what they want to do for conintued drilling
- continued drilling updates throughout the year every 2 - 3 weeks
- looking at other acquistions to add to portfolio
- we believe we are undervalued, and "there is a lot of news coming in 2019"
However my favorite parts were:
- at 6:15 where they have upgraded the fenelon property from 300 ozs per verticle meter to 1000 ozs per verticle meter. CHA CHING.
- ay 8:30 where he says within 3 years they plan to be a plus 60,000 oz per year producer, and within 5 years a plus 100,000 oz per year producer.
- But perphaps my most favorite part was at 9:35 where he says how they have a history of monitizing their assessts by being able to spin out some of these for shareholders, and that they will continue to do this. He then states how they paid a whopping $1.00 dividend when they were still only a .20 per share company, WOW!!! He then states: "so we continue to do that as well." I want to see that again!
GLTA - Jefe de Oro