just got reply email from CEO regarding drill start timesthe drills will start by the end of this month so in a few days regarding gold chain project.
If they can get good results that indicate and then prove with further studies that there between 800k to 2.5 million ounces at a economical to good grade for this small land package it will mean the value below roughly.
Napkin math 1.5M ounces in ground at ok grade, valued conservatively at 50 dollars an ounce for metal in the ground
then thats value of $75M once drilled proven and studied. from current share price that roughly a 10 bagger. could easily be a five bagger or 20 bagger too.
Then there the other company projects which have much more potential.