Post by
TradesInc on Dec 05, 2023 8:44am
Gold Resource
Original Cabasal PEA Reports 2 Million gold Oz. Eq. The PEA Update due out soon should get Cabasal to 3 Million Gold Oz. Eq. Todays News Exceptional showing a pocket of New Gold Oz. Eq. of 750,000 Oz. at Santa Helina Trend. All of which can be milled at the New Cabasal Plant. Why are we at $0.35 Management?
Comment by
TradesInc on Dec 05, 2023 9:15am
Current Cabasal NAV is Approx. 1 Billion CDN. Santa Helena RE and PEA due in 2024. If we combine Cabasal PEA update with Santa Helena. NAV potentially becomes $3 Billion CDN at current spot prices. Would be nice if the Feasibility Study can capture this tonnage. Feasibility due out Q2, 2024.
Comment by
Silverado1 on Dec 05, 2023 4:15pm
Great response to news as usual
Comment by
lechmeir on Dec 05, 2023 9:15pm
Everything I had got hit today and yesterday, Can't read much into this.
Comment by
Grimey2 on Dec 06, 2023 4:39pm
Eat it Witches!! Snowline DOWN ON NEWS!!!! No excuses managment!! drill the biggest Gold hole the World has ever seen,, for Holidays. GLTA!!!
Comment by
lechmeir on Dec 06, 2023 8:43pm
"Snowline has a $700 Million Market Cap. $5.00 Per Share" Yes. I'm not making that comparison. But spectacular hole, and down 11 cents on the day (2.3%). It's savage out there.