GREY:HGGOF - Post by User
Comment by
redbarchettaon Aug 31, 2020 3:47pm
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Post# 31480762
RE:RE:Interesting Gold play
RE:RE:Interesting Gold playFrom my August 5th post:
RE:Interesting Gold play
I too was scratching my head why SP wasn't nearing its 52 week high with close to 1 million HG ounces Inferred at Johnson Tract, and the likely hood of now finding 1-2 million more in short order, with 5 drills on the ground and fully cashed up with 24$ million!
It's looking like if Eric Sprott isn't on board, then it likely won't move as quickly (spelled pumped)!
Time will tell, but something tells me that this will be 4-5$ in less than month if they hit more 100M 10-20 gram goldequiv the way the did in their 1st pass at JT.
Try giving CEO.ca a look; they're a really good resource for in-the-know perspective/commentary on these plays.
Looks like my DD was correct.
Hold onto to your caps folks, cause there's gonna be a serious tail wind on us very shortly.
I bet they report multiple intercepts of 10-20 gold equiv over 150-250M.
$4-$5 in short order...
$10 or $500M market cap before EOY.