Year-end price predictionGoldjknf,
Hope I'm not too late on this, but my prediction is 1.55 per share.
My reasoning is as follows:
We now have 2 high probability projects:
Moosehead,
We now are back following the source of the ultra high grade at the footwall splay. Remember these kind of finds don't occur in a vacuum. As we track deeper(and stay on target), expect remarkable intercepts. Anyone that has followed the Swan Lake discovery will note the vast similarities. Source appears as a narrow cross fault system, either sourced independently, or as I suspect, traces back to the 52 area of the main Valentine Lake fault.
In decent gold market, I would expect a 2.50-3.00 price range for this property alone, with continued drilling success. Remember we already have 1.2-1.4 million oz. of shallow high grade(my envelope calculation). We have a mine....... question is how large.
Lithium project.
Going off recent visuals, and intercepts, I recently not only added more SIC, but also Benton. I feel quite confident that assays for these cores will come in at multi percent ranges. Remember that lithium being a low density material, many times surface trenche results represents diluted grades(unlike gold). Thinking that Kraken may add 2.00 to our share price.
Being the eternal optimist that I am(note my name), I've decided to divide my projection by a factor of 3.
Just my 2 cents.,.....sorry for the rambling
Best longs
S