OTCQX:MEAUF - Post by User
Comment by
frances1on Jun 25, 2021 2:35pm
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Post# 33451518
RE:RE:Do the Math
RE:RE:Do the MathThe key to this stock really getting traction is Westaway....if the underground drilling results are good then this will be exciting. Perhaps they are waiting to announce the results to time with the roll back. 8M ounces going to 10M with a solid high grade and growing high grade resource is worth ??
At $50 per ounce is $500M at $100 per ounce is $1B....we might need gold to get to $2k per ounce and anything north of that and I think we can reasonably get $100 an ounce valuation....that would be a solid return in my mind.