Ann: Siren Gold High Grade Hits Keep Coming at Alexander River, page-77

  1. 22 Posts.
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    Another interesting Gold Sector comparison today. PDI released their Maiden Mineral Resource Estimate (17 months from initial drilling to MRE)
    2.8M Ounces at 2.2g/ton in very high risk Guinea.(They had a military coup 3 weeks ago). Market cap is now $315 million and 24 Cents a share. Just 6 months ago when assays were coming through, they had a market cap of $75 million and 6 cents a share. So its 4 Bagged in 6 months. If we can achieve even half that MRE at higher grades (and we're on track to), I see no reason we can't do the same in the Switzerland of the South Pacific. You won't need a Rifle at Reefton!
 
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