RE: Warrants and Options
Having waited and watch over the gold market for a long time, the macros are now so beyond powerful that my take is gold price has nowhere to go except very much up when we look pass the volatilities. As such, for my SPA, I have resolved to sit tight and allow management, presumbly under the marketing guidance of ES, to do what they have to do. I just can't believe a 4.1 million-7 million oz possibly to 10 million oz gold resource at present gold price which is going to rise into the future for multi years is only worth C$150 million+ and selling at C$0.47 per share !!