i think the JORC will make it look sexier. On track for initial JORC resource calculation by end of June quarter 2018.
i re-entered for some today. if it goes lower will probably buy more
i think a lot of posters here, including good ones, were smoking too much banking on a US$1 billion deposit to be taken over for US$2 billion or more
however, at 17 cents, the total deposit is now valued at US$458M. difficult to imagine buying 100% of the deposit for less than US$500M and easy to imagine it selling for $1 billion
will have $15M in cash when the JORC is announced at the end of June, which will pay for another 6 months drilling if required to JORC it to "Measured".
looks cheap & safe to me (hopefully)
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