I think it’s a goer despite the recent massive rise. The fact that they can raise capital so quickly and at such a premium indicates the risk appetite for the stock. With such a tight capital register (management holds 50%), it’s either you’re in it or not. The grades are pretty spectacular for base metal discoveries. ADT’s deposit is 380g/t Ag equivalent.
BONANZA- 116.1 m @ 1,003 g/t AgEq, page-92
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