Post by
longagau2 on Jun 09, 2021 2:49pm
Infill results
This is looking really good for goldboro. The PEA will be awesome but with these new drill results and the additional 20k meters of drilling, the PFS will be incredible, especially if we see the above ground studies from the Dolliver mountain extension showing what we know they will show. I'm gonna predict a takeover by B2gold for 2 dollars in cash and 3 dollars in B2gold shares (maybe 3/2) soon after PEA is released, or similar from a different solid mid tier miner. I think Kevin has been waiting for the PEA to be able to negotiate a deal. Otherwise, without those hard numbers from the PEA, he might look like he is selling it too low to a company he is already on the board of. ANX will continue to get more and more expensive to acquire the more data that comes in and the more ounces that come in. The cash flush majors and mid tiers starving for reserves know this and I don't think will wait longer just to have to pay more.
Comment by
mynameDDD on Jun 09, 2021 10:18pm
you might be right, but ill be pretty cheesed for anything under 4-5CAD
Comment by
ggrellette on Jun 10, 2021 3:48pm
High grade material in the infill drilling makes this a huge potential play. The studies are definitely coming back with excellent results. I was of the opinion and I have stated it a couple of times in my post a double from here. I now can see more then a $2.00 to $3.00 offer coming our way. Now if this gets to 5 million ozs then the offer doubles from there, $4.00 to $6.00 could be seen.
Comment by
longagau2 on Jun 10, 2021 3:52pm
Sorry I didn't mean 2 or 3. I meant 2 and 3. So 2 bucks cash AND 3 bucks in shares or vice versa or 2.50 of each. 2 or 3 is far too low.