re: Ann: Assay Results Primary Hole Maronan S... Just looked at company slide presentation...
Lets dream a bit....a Carrington style deposit...grade already there...tonnage..take a long time to find out but if the EM anomaly is anything like Carrington then we should have a SIR type of market but with only 115 million shares not around a billion what could happen...
Ten add in value of Potash and other projects....
I sense some drastic restructuring and probable spin out of everything else to make this a pure asset play and to optimise the funding that is now warranted for this exciting project...
$100 million value with a good hit, and promise of better hole next time as each hole makes the next one easier as location of target is pinpointed more precisely....that puts it at about $1 a share with plenty of room for upside ....
Anyway , go look at the slide show.....the board have gone to a lot of trouble to explain why they may have the next Carrington , the worlds largest and lowest cost silver lead mine .....and a few other projects just for good measure but always looking for giant projects.....
Going to be very interesting few months ....enjoy the weekend ...I always like to celebrate in advance in case it does not happen....
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