A couple of notes of caution on groundhogs optimism. There is just over 3 years of reserves, they didn't replace all reserves consumed last year, the drilling numbers have been low which to me would indicate they will struggle to replenish the reserves this year, Royal Crown Vein resource shrank 75% earlier this year and they don't appear to have done much actual exploration this year so not much potential for growth there.
This is my view of what I see in the quarterly reports.
A couple of notes of caution on groundhogs optimism. There is...
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