Re: Site Visit - brattymack
in response to
by
posted on
Aug 28, 2010 05:24PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
Thanks for your report, very reassuring, indeed !
Just one comment regarding your statement:
"I have to say that it does worry me a bit at how excited and pumped the general tone is. I think it is very prudent to have honest expectations and to not let the Golden Dreams get too far ahead of where we are."
How can one not get excited and pumped about the prospects here ?
If people keep mentioning the "real possibility" of showing 100Mt of ore by Xmas and if we just assume an average grade of 1 gpt Au, that would equate to over 3,000,000 ounces of gold.
Surely, in this environment (mining friendly Quebec, good infrastructure, excellent management and geos) this should get a price tag of over $ 225M which would turn out as $ 1.73 per share.
And I haven´t even touched on additional zones (i.e. Laval´s Mountain, Sugar Bush etc.) that might have been confirmed as part of a larger mineralized belt by that point.
That blue sky potential and some support from Bay Street and well respected analysts might propell the share price even higher.
So, this scenario worries me a bit as well, because it still seems "unreal" to me, but the longer I ponder about it (and the more information I get from guys like you, Hoov, Glorieux, Rago ...), the more "real" my Golden Dream gets.
Looking forward to the second part of your report.
FANTOMAS
P.S.: I have googled quite a lot about the mysterious helicopter guy, but was unable to identify him so far (unfortunately, quite a few of the big broker and investment firms don´t show their management on their websites).