TSXV:FCO.H - Post by User
Comment by
PunkRockyon Jun 05, 2021 5:33pm
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Post# 33336493
RE:RE:RE:It will take time
RE:RE:RE:It will take time If memory serves,I remember Peter saying an estimate of about 5 million ounces before the current drilling program started alone. More silver mineralization has been discovered since then as things move along and connsidering the price of silver continues to move in an upward direction (forecast to keep rising as well) and the fact that gold is also now becoming a pleasant interesting factor in the recent drill results on the property, the next 3 months will be exciting for the remainder of the drill program. When asked in a previous interview about what Peter thinks is at the property in ounces.... he thinks there could be 50 million ounces. Conservatively speaking, with today's silver prices. I would say a 5 to 7 dollar share price. Gonna wait and let Peter do his job. ;)
Cheers!
PR
CafeCuban wrote: Based on assay reports thus far, is there a guesstimate for silver ounces in the Santa Maria property? Agree that the latest reports ( holes 14 and 15) are promising, hoping similar results for rest of summer. GLTA!