...in the known zones at 2.4M ounces at $1 350 per ounce. Now, looking at the drill plan for next year, they want to drill T1 and T2 to define the resources with 43-101 standards. I think this definition drilling here along with Snow White will bring value to our company very quickly and next year at this time we will have proven resources that we will all be proud to own.
For the current 3.24B dollars and MC of 72.5M dollars, our In Situe value is 2%. This gives us nothing for Snow White or the big red blob or any other blue sky. The more I crunch numbers, the more I believe we are a screaming buy right now.
Happy gobble gobble everyone,
Glorieux