STLLR Gold Inc T.STLR

Reserves

[Danno13]

When they start to convert their Resources into Reserves that's when the share price will jump dramatically.The amount of drilling and the results they have been getting should give us the conversion this year .

[frances1]

A lot of the fault lines have not even been drilled to date...how much gold is there?? MFG and ME have already 8 figures but that number could start with a 2 This area has 85M ounces produced over the years for a reason....hoping the buyout doesnt come quick but not so confident about that

[CTM1967]

from april 8  https://youtu.be/HuITtzMe-Y8 53 min mark or so for monetta you get all the answers

[CTM1967]

make that the 57 min mark the short of it expanded reasorce this month pre feasability by June new drill program on the way now adding to ree's 

[frances1]

So 9 of 17km drilled to date along the fault...lots of exploration left to do Be nice to publish a solid resource update and get the shares over $3  If this were to be timed with a bump in the gold price who knows this might even be mid $3"s and at that price to raise another $20m for further drilling would be not all that dilutive considering how that money could be spent drilling the

[Contrarian333]

They will get more market cap value out of increasing resources than they will in converting those to reserves.

[Danno13]

Moneta has just over 8 millions ounces of resources.I they would have 4 million ounces of resources and 4 million of reserves the share price would be much higher then it is now. What is the difference between a resource and a reserve? A resource refers to any mineral concentration that has the potential to be extracted and sold for a profit, while a reserve actually has been identified and is

[Contrarian333]

If you ask Gary he will tell you that at this point of development there is more improvement in mkt cap to be had in increasing the amount of resource than there is in converting resource to reserves.

[Danno13]

When the company does there PRE- Feasibility Study and then the Feasibility Study they will need the 43-101 to have Reserves in it to make the Feasibilty Economical to mine.

[frances1]

Thought we might see something released before the tour starts tomorrow....they have a lot of events planned this summer getting the word out....according to their website.