The Story!Institutions don't read this. So this is my $.02 for us.
We have the people! We have at least 1 mill (Nfld). We have a great potential 2nd mill (N.S.) with lots of gold in the ground.
Just Nfld first. Let say this is all we do for another couple years (but we aren't). What happens when we start mining the higher grades? Our costs really don't change, so really anything above the current <1.5 g/t is pure profit. For arguements sake, lets say 3g/t... thats an extra $40M profit (IMO).
Then we have Goldboro....wow!
Lets look at it this way, a lot of people don't know the story. Institutions usually don't buy until 50 day average is above $100M cap. So what happens to the share price, once one of these funds has $10M to invest? Where are they getting these shares? I've waited over 10 years, do you think I'm selling anywhere under $5 (& probably higher as Kevin increases the value)?
Just the way I see the story.