RE:RE:RE:RE:RE:RE:RE:RE:RE:Oversubscribed PP.............So After the SPINOUT for TUD you will have 2 Anchors or Constants. MCAP and Resources. This is where there will be tons to be made. If you get spooked by Price only you won't even notice this part, you'll be too busy being SPOOKED :)
I see the OZ and Grade as where your time is well served. What are you paying, how large can it get? See my post about Adding up the average Grade drilled this year so far a TC? Grade looks to be increasing. Point is, start playing around with Resource Number and Grades and run some assumptions and see what your cost would work out to.
So for Now 1 OZ costs $15. Now what Resource could you see? If correct, what's your cost? 2X is $7.50 or 4X is $3.75
What's your sell target $81 as industry average or $100? or $200? What does that look like?
Remember that you can speculate a lot more aggressively here why? They actually HAVE gold and it's the Biggest Deposit in 30 years and what, you're going to go EASY on it? lol
HECK no, PUSH IT PUSH IT and PUSH IT MORE. Seriously, is this not a well suited candidate to be aggressive with when it comes to expectations? Listen to what these guys are saying and they are delivering. You realize NO ONE in 30 years has pulled this off. And what, you've never heard this type of story told before? Yet they're the only ones to have done it and now the BIG question HOW MANY MORE TIMES are they going to reproduce this? We're not talking about doubling a 200K Resource here where talking 28M
For now I'm hardly worried about this. It's in good hands so let the story unfold and if you don't like it I'll gladly scoop more up along the way. No need to rush this is going to be a long story.
But what I'm truly concerned about is if I'm Wrong about GOLD going up. Now there's some risk.