New Discovery Resulting in a 20KM Mineralized Gold Belt
According to latest presentation they anticipate a short term (whatever that means) tonnage potential of 100Mt !
100Mt @ 2 g/t = 200M g Au / 33 = 6M oz Au !!!
6M oz @ $ 50 oz = $ 300M marketcap (conservative)
$ 300M marketcap / 130M shares fd = $ 2.31 / share !
I agree, Frank, we should be north of $ 1.00 already.
FANTOMAS
