So they are saying another 32 holes going into DFN and given they increased the resource 40%(60K oz) with 17 holes they must know something as doing double the amount of holes.So if they have similar success could add 100k ozHow many juniors sitting with circa 300koz and further upside to exploration trading at this level?Once the market understands how many options to produce/ treat/truck/toll etc they , the valuation uplift is 10-20x.So market values this at a discount to ounces in the ground despite having growth options.Ok market sceptical.!!So then what if we add in some value for Red Mountain gold project. Its in the right area with all the right minerals present has had a previous hole of [email protected] and plenty of smaller intercepts. They have consultants working on the plan and waiting for government grant to get drilling so no cost to znc What a free option.!!!Markets gives this a negative valuation despite everybody looking for big gold targets.Market also gives a negative valuation for 25% of Earaheedy which ZNC has and costs nothing as they free carried and Rumble doing all the work and we due an update from Rumble soon,The last negative valuation is for a 10mt jorc lithium resource with a huge ground position in the right area just as lithium sentiment turning.The stock will be a 10-20 bagger by xmas.
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zenith minerals limited
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So they are saying another 32 holes going into DFN and given...
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