Well if the first holes drilled around El Pilar porphyry are half decent and show consistent grades over a wide area we could justify $150M+ market cap... if the grades/depths of the 1 hole we do have are repeated over a wide area then I think we can go a lot higher than $150M. Throw in a positive settlement from the DR dispute and $200M market cap or ~30cps becomes a reality.
It really is a key 2/3 months for AAU. Nice time to be holding with not so long to wait for key events to occur.
Ann: Drilling Commenced at El Pilar, page-12
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