Double talk Lots of double talk here
many posters here called for an MRE ( mineral resource estimate) and a PEA ( preliminary Economic Assessment) to be done and now some of those same people say it will not change anything it doesn't mean anything Question why did you ask the company to spend 10's of millions of dollars on this process if you belive this . talk is cheap and sometimes misleading and outright stupid
The MRE will give us a starting resource number and put those ounces in different categories that could be assessed a value
The PEA will give us the economics of the project with the risks and rewards to the project
while the MRE and PEA are not the end all and be all they are the next step in moving forward one way or the other it puts the horse in front of the cart
The share price will react to whatever comes from this one way or the other
and so will the majors react one way or the other will they react overnight proably not but they will do their own analytical study from the MRE and PEA and will respond accordingly to the facts of the project and their own timelines and situations
We will trade in a range until the MRE and PEA are completed and analyzed .my hope is the company decides to move into production themselves with the shallow deposits to start but if a suitor or two come forward I'am not against a buy in or sell out either