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Re: Mackie Research – A Discrete Higher Grade Zone Takes Shape
We have adjusted our target price for the potential of a high-grade component to the resource, but we have also lowered our long-term gold price to $1,250 and have incorporated dilution of the recent equity issue. As a result, our new target is $2.60.
$2.60? Seems rather low. What was their previous target? All that recent buying for 0.60 upside???
