Level 2 is looking very thin, to get up to much higher prices, I hope soon!
Just remember, especially for the new people reading this board, here's some facts to wrap your head around.
When we do our speculative calculations, and try to (IMO) conservatively predict future potential OZ in the ground, it is always based on Only the Zona Central Anomaly, that's it!
At 1g/T, the following scaling, not considering the Anomaly is open @ depth, even though they say it is, here is the numbers you have to think about. This will give you 102 Million OZ in the ground:
- 1.0 g/T over Only 29% of the Zona Central Anomaly, OR
- 0.29 g/T over the total volume of the Zona Central Anomaly OR
- Any combination of the above 2, that ends up reducing everything by approx 71%
That helps put into perspective just how massive the Zona Central Anomaly really is!