Yeah I reckon that we and everyone else is bullish on gold but the question is when Republic can move to be a producer as the share price will not move much until it starts to move towards production.
That is why I feel Tregoora is important as it has a license and has a plant so would be the easiest to move into production. Republic need to buy from Noel Adam the plant and fix it up.
The other option of course is the tin prospect but that would take a lot longer to move in to production.
Then there is the possibility that with a nice income from Gold and Antimony from Tregoora that they could then progress with other projects such as the Tin or Northcote (Gold/Copper) and Burraga (Multi metals) West Whumball - Tungsten and of course Bolivia with oooodles of Gold in them there high altitude hills
If JK and Neb and crew at Republic can get Tregoora off the ground Republic could move in to a pretty diverse mid tier mining enterprise over the next 4 or 5 years. That is why I think a smart well known mining guy from around the world like Neb joined the Republic crew in the first place
May be I am just too optimistic but I think Tregoora is the key to RAU at this stage. Bolivia is of course very interesting but I reckon Tregoora is the starting point
Mind you I have been wrong many times before and will be wrong many times again
Hoges in Darwin
BIG Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held