DselThanks. Your posts are of great value. I only wish to point out that this remains a very, very speculative play. Even slight variances in the modeled grade (ie. .17 ct/t versus .19) and value (ie. $85.00 versus $105) has major implications for the viability of the mine (there wouldn't be one). A sensity analysis using only 10% lower numbers for grade and value currently predicted results in an uneconomic mine. Also, the Star is so big that it will not be possible to make serious extrapolations from the bulk sample result, so it will still not be possible to pedict a mine moving 25,000,000 tonnes of rock a year. Assuming very good results soon of .19 c/t at $105, that still leaves substantial further sampling which could take years to finance and carry out.
The $20-50 share value is years away if it pans out but $3-$5 short term is a possibility if the touted grade and quality are confirmed by the bulk sample. I am a shareholder and remain hopeful but this is one big gamble at this point.