The hills are looking very good, but difficult to access and drill unfortunately. It's taking a long time to get in there and I'm not sure if they will have drilled enough to get the assays into the initial MRE early next year. Perhaps that can be added into an updated MRE later next year when they move the rest of the deposit up to the M&I category.
MC now $320m, still very cheap under $400m for what will be close to 5Moz initial MRE.
CEL Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held
