looking at how the deposits sit, I am thinking 20mill ton. That is based on the angle of the sun, and the way my knee is aching, so not based on anything of merit. The whole Frances Creek area is bounded by granite on two sides, so growth is fairly limited. That being said, it starts looking rather prospective heading north.
You dont bring 3 drill rigs to a place if you dont have some serious growth plans. The extra drilling, the wet plant, are all pieces in a much bigger picture. I may disagree with how Rimtalay always defends MK like a force field, but he is correct when he says that none of the top 20 are selling, as they know there is quite a bright future in TTY. The head of Noble joins the board?? I mean serious. That guy is not going to just join any board is he, he is going to join a board that is a key link in his companies chain.
All IMO though!
TTY Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held