RE:RE:RE:A week from today The fundamentals certainly support your estimate. My guess is a bit lower in the short term. Say $2 Canadian on Monday. But $7-$8 within six months.
Majors are not likely to wait for the updated PFS. By then it would get too expensive. Have to believe their will be suitors by year end. Question is whether or not Dave is willing to sell the entire project or take on a partner to build the mine. Say $700M for 40% interest and Dave keeps control while hunting for more gold. Would give the companies a $1.75B market cap and no need to raise money.
That will take a few months in the near term we should see $2+ in a hurry as long as no big holder has weak hands.
Best, JM