Post by
geolteacher on Dec 28, 2023 9:24pm
VERY NICE (Dec. 28) Yr End Presentation
the graphics were redone from prior peresentations, and better explain the chronologic development of the project, and hint at a tremendous potential for a much greater MRE than that of the 2020 PEA.
slides #6 and #31 suggest that a take-out at 3x or more of current price is a reasonable expectation.
slides #27 and #28 suggest several other targets on the property and show a 5x7 km caldera, with the Atlanta Pit on one margin.
slide #16 reminds us that the 2020 PEA assumed 1250USD gold price, and that ~75km of newer drilling need to be included in a new MRE and PEA. slide #4 lists some of the great drill hits since 2020 that will be included: twelve 2023-released hoes listed on slide #4 had metal factors averaging around 300.
slide #16 teases, "The Company anticipates providing guidance in the nearterm on a timeline for an updated resource estimate."
do you want to see an updated MRE soon -or after they drill some of the other targets mentioned on slide #28? me, I want to see an updated MRE soon - this year.
hold onto your shares, i think this one's going somewhere!
Best wishes to all.