but the significant jump, is potentially just market radars being turned on.
Also the announcement of the acquired data set, to turn 800koz inferred into indicated is a major movement forward in timing to develop.
This is not just a sleepy hollow old mine waiting for some resource drilling.
That we have a significant several bags under fair value for a high grade gold with brilliant cu, zinc, silver, makes a wake up to 10-15m mc easy to justify, when that is already sufficient to justify re-development of the mine at these higher gold prices.
The mega millennium upside is the journey to 100m mc, if we do discover multiple lenses, and turn this puppy into a 2-3 m oz resource.
Not hard, when the existing 1 lense started with 1m oz plus.
WFE Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held