Even if the drilling grades would come out as low as 1g/t, but we all hope for 5g/t and higher, in the long term even that will be considered as high if the physical demand continues to exceed supply. ATM it is going that way and maybe we could see a situation like in the Uranium and oil sector where suddenly even high cost production became economically sound.
And if all these IF's come true, than the big guys will try to get their hands on LRC. BG in the CSG sector is just one example how quick things can change.
Otherwise, I don't wanna think about it.
LRC Price at posting:
2.0¢ Sentiment: LT Buy Disclosure: Held