morning,
I am loath to predict SP's in a short timeframe - and I do have this as a multi year hold - and expect it to be worth a lot more than 2 bucks in my timeframe - however,
I suspect that unless gold has one mother of a meltdown - that this will make 2 bucks well inside 12 months.
this would be on the assumption that gold goes no lower than this and probably strengthens a bit over the next 6 months.
I just think that Tom will for certain continue to bring up solid evidence supporting this as a major field/project - and also, although one probably falsely hopes for some bonanza on a single drill hole - in this case I think it is not only possible but, likely - at some stage -
pretty much any diamond - and also - possibly on one of the shallow drills as well -
there is just too much gold here - over too wide a space and big solid numbers - this is no fluke.
You can get little bits of gold showing up all over the place - but he has pretty much got it everywhere and some of the numbers are very good - in these conditions - you can hit anything at any time.
He was blundering around in the dark only weeks back - just shooting holes in the ground on a grid - but, he can see structures now - and he is learning more every week IMO -
That puts you in an 'when' not 'if' rails run - as long as you have enough dough to keep the drills turning - which he has.
So - I will place my hat in the ring and say that 2 bucks will come sooner than later -
2 bucks would bring it to only MC of about ?? 250 mil. --- I can see that easily for this project. 250 million is not a big price at all on a solid project - even now at these gold prices.
Pinto
- Forums
- ASX - By Stock
- Ann: Gold hits highlight potential for 4.4km gold zone
morning, I am loath to predict SP's in a short timeframe - and I...
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)