RE:RE:Kienna - Waiting for regional exploration drilling Extremely undervalued in my mind. $3 billion is likely within 18 months I say.
Anyone can pretend to be a hero here and post bearish rhetoric during what is normally a super quiet time of the year when things drift lower.
On another note, from the Q3 call, a caller questioned management if the growing cash balance was being squirrelled away to finance the move to 300,000 ounces. Looking at a post I made here this past July, this was my impression as well when I said that 300,000 ounces will start to come into focus. Middlemiss lightly answered the callers question by suggesting something to the effect that if deeper resources begin to shape up at Eagle then the strategy of building cash now would fit in.