If we were to get full value we would need to prove up a lot more of the potential that is out there.
We certainly wont do this by releasing drill results every three months from a program that is allegedly in full swing.
I think we need to throw away the poverty mentality and say copper is more likely to be $5/lb than the $2.5 of original workouts. I don't think it would be irresponsible to budget on $3.50
We have money in the bank and more is imminent.We could easily afford to double our exploration
If we are not getting the assay results to boost our market cap or T/O potential then at least we should be doing so to optimize our medium term planning. Stage2 planning should be well underway and we have barely scratched the surface in 5 highly prospective areas. Until we have scratched the surface we would be stupid to consider the interest and seemingly outrageous values that will undoubtedly come in the next 2 years. Good luck
TGS Price at posting:
54.0¢ Sentiment: Buy Disclosure: Held