RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:So SnidelyI guess we view the mining industry very differently. While I think Queensway is special, it is pretty apparent that I don't think it is nearly as special as some of the people on here.
For example, look at the drill results that Pretium released on Brucejack up in the Golden Triangle last June... 561g/t over 15 meters and 306 g/t over 19.5 meters. Both of those are substantially better than anything seen on Queensway - and Pretium is still following a trend much as KL is at Fosterville.
https://www.pretivm.com/news/news-release-details/2021/Pretium-Resources-Inc.-Resource-Expansion-Drilling-at-Brucejack-Intersects-More-High-Grade-Gold-Mineralization-in-the-North-Block-Zone/default.aspx
Pretium did about 200k meters of drilling in the first couple years (2010-2012 or so) and found a great deposit. They secured financing to bring it into production and what has happened to the companies stock in the last 10 years since? Basically traded sideways for 10 years and they still have a $2.2B market cap.
This path of finding a great resource and rushing it into production is not nearly as lucrative for shareholders as people on here suggest - even when you have properties with "jewelry boxes."
I share the excitement on Queensway and there is potential for several mines on this property. But let's keep it within reasonable bounds. If they play this right, they can turn this property into a $10B boon while spending maybe $1B in exploration expenses - that way they don't have to dilute you, the curent shareholders, while securing you a monster pay off.
I am sure I can drum up more examples if you want.