And here's the same poster, dragonfly, in 2020. Totally agree, I am a long term holder and was lucky enough to have picked up my full allocation of the SPP but I am no where near pushing that sell button until they've tested the potential of this monster prospect.
Sure selling and doubling your money sounds nice but with the way the gold price is going and the quality of this prospect it should be a no brainer to hold. We are now well funded to explore this monster and so far the surface sampling have returned stellar results. Once people realize the potential of this deposit (i.e. POGO 10 Million oz Au), selling now is madness.
Mt Carrington also has a PFS done and it's "Shovel ready". At the current gold/silver price, the NPV(8%) alone is +$96.7M with an IRR of +105% with payback less than 6 months. Don't forget Red Mountain's 9.1 Mt @ 12.9% ZnEq resource.
Market cap for WRM should be at least $100 million. GLTA especially if you are selling now. Lucky enough, lol! Vertigos twin brother?
