RE:RE:News - Sort OfGoaweigh.
Managment knows what the underground EM survey reads on 421. Peter McGaw has made a world class distal skarn discovery in MAG Silver. He knows what both surveys read like. Once you have a discovery these surveys have been extremely helpful in tracing mineralization elsewhere. Also Ian Neill the Head of Exploration has made a Skarn discovery in the Yukon with the original Wolfden Resources. The current is a reincarnation of a previously bought out company.
Since I’ve done my DD on this management group (Oxygen/Sun Metals). I have came to know them as under promiser’s and over deliverers. Rarely do they miss a deadline. Or feed you info that wasn’t validatable to fact or science.
O’Dea recently mentioned in a paid interview the goal was for them to develop 15 million tons of $600-$700 per ton rock.
His nature tells me. That expectation will be far exceeded. His perfection tells me he’s no bull shatter when it comes to his bank.
From what we know about management. They will pay up for a rush results. Given then nature of this program. I expect a viscous change in share price early in the program. Followed by a one or two day halt and release of a hole that perhaps dwarfs 421. While being located some 200-300m or more away from 421. Then can you say, $5+ stock, because that is where we will be headed!! Maybe even more.
Diamond drill discovery is the mother of discovery’s. Screw all these surface conglomerate plays! This is where it’s at. We’re going to write history with this drill bit!! Very very soo! Just call it a hunch!
Presentation updated this weekend. Now reads field program begins - Mid May.
Its May 5 today. Three weeks from now. These share prices may look like the gift of the century! I’m buying more tomorrow. Going for another 10,000 shares early.