If new discoveries continue to prove up with low cost access and development costs and containing ore that suits the mill with high recovery rates at reasonable costs ... it is not a far spread to think that the company may have numerous years of low cost higher grade ore at their disposal .. creating the possibility of increased profits that could very well be substainable over an extended time..
Personally I am becoming more convinced that the company is indeed sitting on gold deposits that may total over 15 million onces (drill indicated) in the next couple of years.. perhaps as high as 20 plus if we include satelite deposits...
I take some liberty in that but my gut feeling of results is that they will contunue for some time yet... with a drill intercept of over 1700 grams per ton including a section exceeding more than twice that ... it is time to take notice
Just today there was another press release out of a new gold discovery being made In the Rice Lake Belt that was in a new unexplored area in the western protion of the camp, by EagleRidge Minerals
Add it all up with all companies active in the belt and it isn't hard to realize that new discovery is taking place
My opinion only