We should start getting some regular news coming in again from this exploration drilling program at mount Hope area targeting new open ground pit potential deposits.
current drilling underway and also Mohawk target permits should be in in the next day or so and drilling possibly underway next week hopefully. Excited to see what comes of that.
A new big hit at Mohawk could get the share price moving. Hopefully another version of the mount hope
deposit.
If they can find more easy open pit resources to increase our overall reserves that should really help the economics of the project and therefore increase the market cap. I believe we are well under true value at these levels.
Time will tell and market will eventually adjust the valuation maybe as the project gets derisked further maybe a deal with glen core for direct shipment and
processing the ore . With only a $35mil start up cost and strong govt support this project is surely going to go ahead.
DYOR
AIMO
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- Ann: Greater Duchess Regional Exploration Update
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