RE:Production Increases Valuation by many Multiples..ExampleI have detailed potential production revenues for the interim period up to Mid 2025 when HD should begin producing up to 100,000 ounces for the first 3-4 years by high grading .
Pit 278 of Stoger .....permitted but requires grade control drilling and stripping...23,000 ounces
Tailings Pond and wash plant gold fines recovery ...up to 10,000 ounces
Scrounging old gold stockpiles like Deer Cove....up to 10,000 ounces
Early resumption of HD open pit mining by grade control and pushing back Richmonts starter bench ...already permitted ....up to 10000 ounces
High grading exposed veins like those at HD....up to 10,000 ounces
Yet to be determined...?
Toll milling of NFG ore..?
Once production begins in a signifucant way, we should move to 75% of full valuation which is about $0.40 per share
AIMHO