OTCPK:PGMFF - Post by User
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DRYOASISon Jul 16, 2021 10:55am
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Post# 33559242
RE:RE:The Wall Of Worry!!!!
RE:RE:The Wall Of Worry!!!!I'm buying at this level and will slowly continue to add until commercial production is announced. I think the risk is well worth the reward at this price level.
Trommel screens and CIP tanks should be installed and operational sometime in August so the next 'first of the month" after this is done would take us to September 1st to declare commercial poduction.
With plant operation stabilized over 800 ton/day at 7g/t and the price of gold well over 1800/oz, this mine should do well and $3.20 price target in 4th quarter is realistic imo.
If they access 8 zone drilling by 4th quarter and start reporting high grade over significant lenght, then hold on to your hat, it could become a very nice ride.
GLTA !