There might be a strategic opportunity to acquire tenements adjacent to the current project,as mentioned by others, especially to extend exploration of the Happy Valley trend as I can see this being a potential of exploring further along the trend and building the length of that trend. Might be something management should consider as part of their long term plan. Might pick these up cheaply as may be more valuable to us than existing holders.
i am hoping that we will see some nice results from the limited drilling that they are initially doing and that has the affect of a significant re-rate in price ( can't be any cheaper imo) . Hopefully a doubling of the share price over time that will allow a further credit raise at a higher price and I agree the next step is to probably raise between 2 and 5 million to move the project forward and perhaps a share purchase plan to include existing investors and build a level of loyalty to the stock. As an investor , I am always supportive of companies who always look to bring their shareholders for the ride by including them in credit raising activity. Skin in the game, so to speak.
I too , like some here on this forum , are extremely positive when it comes to Gold and Silver prices. Gold is on a long term upwards trend which will continue imo , but agree fully that the real potential for a massive spike in price lies with the Silver Price, and I would expect to see at least a $50 handle in the next 12 months and possibly up to $100, imo. So if this occurs , our Silver project could be the bigger of the two . But hey the gold price will probably be in the vicinity of $3000 us/oz and over time $4800 AUD Oz . Imagine at those prices what our gold project could be worth moving forward. Onwards and upwards fellow shareholders.
Cant wait for the market to wake up and smell the roses, but my plan is to accumulate whilst price hàs a 3 in front, but with gold prices going up daily, I think my accumulation days may be numbered.
Christopher
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Open | High | Low | Value | Volume |
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1 | 300000 | 0.045 |
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Price($) | Vol. | No. |
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