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Ann: Mt Stirling Project increases gold ounces to 152,000 ounces, page-30

  1. 695 Posts.
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    I dont see a reason why this should not get lower, the whole notion that they have got a decent gold resource seems to have flushed out; without that i dont see how we can justify even a 15-20 mil market cap; i get Mode's logic that their accumulated losses can give the prospective buyer a 20m tax benefit; but why would a potential investor buy this if there is not much life in the resource they have (at least from the resource they have proved so far). As for REE, it looks like a pie in the sky until they do some work and prove their theories right. GLTA.
 
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