Just speculation but.. My reasonable mid term forecast within the next 12 months would be $2.50. If we hit some serious high grade then its a different story.
Once a resource estimate has been undertaken.. Which I think will be at least be - minimum 50mlb in the ground, 80-100 more reasonable - as we are currently.
Given all the hits we have been getting, a very high strike rate. A drilling team and no idiot CEO, all signs point to a Yes for me.
Be great to see the tower drill results.. another highly prospective site being within 10km of cigar lake, boasting very high grade terrain.
Regardless of shorts, this company is still making some great gains. Still has a tight share structure, capable of making some huge daily moves.
GLTA.
92E Price at posting:
57.0¢ Sentiment: Buy Disclosure: Held
