these questions may be vague, but I'm not a miner, as you can probably tell. Appreciate your thoughts.
what sort of percentage are we looking at to declare the drilling program a success? (I'm not even sure if this is the right question) Out of 18 holes how many should be producers, and how good should they be to see this reflected significantly in the share price?
AND ... given the fact that anything is possible ... from 18 holes what would the company reasonably / conservatively (if you like) expect in terms of results? Has anyone done a valuation on the company if the result are good / according to expectations? (I'm not a FA, so don't know how to work it out.)
cheers / thnx / mx to all
RRS Price at posting:
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