RE:RE:RE:RE:Another great interview Yes that's true but this is a grass roots stock, just like Detour was. It's not for issuing cheap warrants to big wigs and having a huge overhang that will put downward pressure on the price. And luckily for you and me Red, we are in on the ground floor. If you take into account the macro and micro factors, this is a rare opportunity that comes around once in a decade. We are in a junior miner that is on the cusp of a major discovery which doesn't have any value reflected in the share price. Tack on the macro economic environment we're in where we could potentially see the biggest gold run in history. Either way, even at $1800 gold this project would be extremely profitable with infrastructure already in place next to town. Imagine if gold is $3000+. If they do indeed find 2 million more ounces or more of high grade on the Campbell Shear as Gerald says, YGT shares could easily be north of $5 a share. If by some stroke of luck, this happens to be in the same league as Detour with a 5 billion market cap, that would put shares around $25. Remember, Detour shot up from about $3 to about $40 at it's high. So yes, it's possible, especially in a favourable gold environment, even much more favourable than it was when Detour was rising up.
All that being said, if history is any indicator and Gerald is to be trusted, he alluded to some very strong findings based on what they saw from their Fall drill program. That will be the first catalyst. I think Newmont will be investing more in the company next year as well but just my hunch opinion based on similar deals.