Saturday, May 30, 2020 12:05:16 PM
But now the torque in the story is going to come from drilling their East Bull Lake palladium property, and they're starting in less than 2 weeks! The targets on this property are HUGE. A massive validation for me to get involved was when Grid landed David Peck as the new VP of Exploration in Q1. He was instrumental in building up the Lac De Iles mine at North American Palladium that they sold for $1B CDN in December, making him a highly coveted free agent.
I conducted a Zoom webinar with CEO Robin Dunbar and David Peck last week about East Bull Lake. They have a lot of data, and have conducted significant MT surveys, geophysical, and surface work earlier this year to firm up targets for this initial program. Peck breaks down the similarities to Lac de Iles' geology in the webinar, except he believes that East Bull Lake could be 5-6 times larger!!!!
Did you get that. Lac De Iles sold for $1 BILLION and he thinks East Bull Lake deposit could be 5-6 times larger
So according to Dr. Peck's comments Grid Metals has Multi BILLION dollar potential.
That would be over $20 CDN / share. Using $2B/ 83 million shares. Something to fantasize about.
It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.
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