RE:RE:Shirleys Pitch at Mines and MoneyHej BG3,
just my Opinion - at 2.70 $ fully diluted - we have a MKT near 1 Billion - that should be for 50 % of the Ounces that will be on the Table - so Property is valued at 2 Billion
Without any economic Study - it seems just guessing in the Dark - depends what Joutel looks like - Highgrade ? -
I personally think there must be at least more then 10 Million Ounces to justify a MKT at 1 Billion
And therefore we need at least 80.000 + Meter of Drilling - so not anywhere near that
I expect a Resource at around 3,5 to 4 Million Ounces later this Year with including the Results from the last 3 Drill Saisons.
As long they don,t speed up and Goldprice stays under 2000 Dollar i can,t see what should be an Indicator to Value Maple more than 250 to 400 Million MKT -
Osisko with over 5 Mio of Reserves, ordered Mining Equipment already - super Highgrade - and up to 30 ! Drillrigs - so Years ahead from Maple - is stucked by 1 Billion as well -
Many Take Overs now on the Way - 5 Million plus Ounces - valued 3 to 400 Millions -
so i would be happy to see 1 CAD within the next 18 Month if Maple kepps the Speed they are drilling right now -
Lg