resource estimate is due

TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

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explorationguy

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resource estimate is due

posted on Oct 22, 2011 02:16PM

Should be out next week. My estimates(guesses):

Current resource Ind 1.9 mil ; Inf 0.6 mil ; Total 2.5 mil

Revised resource Mea 0.5 mil ; Ind 2.0 mil ; Inf 0.8 mil ; Total 3.3 mil

Current PEA 1.5 mil Revised PEA 2.0 million

Current average stock price(50 day) $0.55

Target price(post estimate) $ 0.75

I'm sticking with about a one third increase. Anything more will be gratefully accepted. If the Euro collapses all bets are off. The near term panic will cause a flight to the US $ and everything else will suffer.

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