anasoceles - "If it lives up to the "lack of hype" then we should see 500 000 . If we are being led to a conservative estimate then that number could rise quite substantially which would see our SP follow the same path."
ana, i have to disagree with part of this. while i believe there is great potential for a million oz resource (maybe more) on gnh claims i will be VERY HYPED if the initial 43-101 comes in at 500k oz... i dont see 500k as conservative. i see it as a goal for an initial resource but i'm not counting on anything that high to begin with.. the way it looks to me, many of the newest and best results probably wont be in the initial resource estimate...the resource will continually grow as we keep adding drill results and define resources in "new" areas but we have to start somewhere..
imo, judging by the current market cap the market is'nt expecting over 500k oz either. a $100 in situ at 500k oz would give us a $50mil market cap...