Post by
goldenrivit on Apr 05, 2022 9:58am
Very positive news coming
Things have changed over the past two weeks.Bill Fisher told me before the exploration shut down that he was going to turn Cachimbo into swiss cheeze.GQC now has 5 drill rigs to do that.Then after support in meetings with the mininter Almonte,vice mininster of MEM and minister of finance all in support of Romero licence Dave and Bill have enough confidence to start the swiss cheeze major drill program on Cachimbo and and welcome
Almonte at PDAC.What ever happened at the Almonte meeting it may have been that Almonte told them to go ahead and start drilling again you will be getting the Romero licence before I attend PDAC.I very much doubt he comes to Toronto empty handed.Then it seems the hunt for a new project is now also off the table now that exploration is close to being underway.So it seems the company is setting up its agenda to attrack a higher SP through drilling and the study for Romero at the same time.Market cap net of cash only $60 million.NOTY FOR LONG!
Comment by
goldenrivit on Apr 05, 2022 10:09am
Upon the NR drilling has started the market will shift to results and the current jump in IRR of FS study of 28% to the current gold copper price of an IRR of 40% post the FS. 30 cents is CRAZY!!!!!