RE:RE:RE:Shareholders LetterEqually interesting/impressive is the 28000 meters drilled already and I doubt we have received even half of those assays yet so plenty of news to come and soon I suspect.
Also we are drilling off a resource on the Napoleon vein already and I'm wondering what the threshold is to put us into production mode.
We are targeting 12,000,000 Oz. of production annually so we must be thinking we have a potential of at least 5 years and maybe even 7 years as a minimum to support that level of annual production.
At US $ 25 per Oz. that's US $ 300,000,000 annually.
Not bad.
SIL is trading at almost $ 1.9 Billion and we aren't trading at even 10 % of that, think we have some upside and we might start catching up when more of our assays start pouring in !!!
cressco wrote:
Impressive indeed and interesting. 40 k meters of diamond drilling in the first 6 months (impressive); copper asset spin out (interesting). Glta