RE:2 million ozsHey Goldhappy...
Love your enthusiasm..
.
You stated "as it sits in the ground safe and sound"..
In my opinion most definitely not safe and sound...they are in serious trouble...a take over is imminent...their actions of a quick money raise in such a short span inbetween private placements is speaking loudly...will this strategy work...maybe.
Pascal is under the gun to demonstrate additional value...but hey..even I can figure that out.
As mentioned by Pascal himself they are averaging about five (5) ounces of resource per metre in regards to their historic drilling numbers...I will use 100,000 additional metres since their last resource estimate..it will be at minimum that amount...100,000 X 5...500,000 ounces to be added to the existing resource.
Having said that will they be economical ounces?...we will have to wait for the PEA (end of Q3) to determine that.
Will we get to that stage...most likely not...knock...knock...who's there?
Again...this appears to be a "poison pill" like strategy...might work..
time will tell.