Not one to hang crap on other companies but I saw the drill result for Deg today. While it was a good announcement it does give some perspective on exactly how large the resource at Sunday creek can be.
I also love the constant reminders about the comparisons between Sxg and costerfield and forrestville . I’m not sure of the market cap on these 2 companies which own these resources but Deg has a JORC resource of 1.6 mill ounces of gold and a market cap off over 2 billion. Sxg doesn’t have an indicated reserves yet but its market cap is only 127 million. With all of the drill results coming out and drill teams working around the clock an inferred JORC resource can’t be too far away. Would love to know if anyone cared to make a prediction.
Ann: SXG RIU Explorers Conference presentation, page-9
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