RE:RE:RE:Does anyone have an opinion about the four targets?Backspace0001 wrote: The only qualification I would make is that 23 holes for 4 distinct sites really is not a full brute force attack. It is common for it to take 80+ holes for 1 site. If they don't hit on all four, yes, the stock will fall, but it doesn't mean all hope is lost.
Don't forget that they have also 4 distinct targets ready to drill at Kelly Creek, and NGV still has potential. They haven't even done Scorpion drilling at NGV, so we really don't even know what is there.
If there is nothing after 23 holes I don't think we go bust, but the stock will sure be hurting and it will be more difficult to raise money.
I Think that may be by design. IF they can hit on a couple of these holes and show strong evidence of a Carlin type deposit validated by the drill results the stock will go up to possibly double or even triple just on that news. That means less dilution to fund the next drill phase OR it will be real easy to find a partner or financing to complete drilling and even go to a pfs. To me it looks like they are actually looking after the shareholders by thinking ahead in a manner that limits dilution and creates altenative avenues to approach the final steps towards mining or selling