Ann: El Palmar Gold-Copper Porphyry Discovery, page-298

While I agree with above comments, it is premature to be talking billion dollar valuations and 45c share prices.
We need to see drilling results confirm that the magnetic model is essentially a close analogue for El Parma mineralisation.
In order to drill out El Parma, many more holes needed and more funds will too- so there will be more shares issued next year.
I am very long STM and not a seller as I do think Malcom thinks this is the real deal but is just keep calm and hold tight to ensure he can also deliver a great exit price by on selling the project at full value.
Majors don’t pay theoretical NPV for resources.
My near term targets are 10-12c by Christmas if next assays confirm the current geological model.
More upside by March if results from holes 7 and 8 confirm mineralisation at depth.
All good - enjoy the ride.
DDD