Royal Report on PG ,although a little light with the old estimate numbers..
held just a little more confirmation that we are headed
in the right direction..
--Volume is increasing and price is increasing..
---Our thoughts in PG are, that it will, with out any doubt at all ,
be able to show us all a lot more ounces of gold then what was
mentioned in that Royal Report and what was mentioned in their
last resource estimate .
--- With all the drilling that Premier has done this year with
4- 5 machines, drilling 7 days a week and 24 hrs per day,
stopping only to change bits, or to move to a new collar
location for another hole.
---With the price of Gold increasing and perhaps $ 1400 / ounce
dollars by the end of his year
--- looking at the known Brookbank ounces, the former Roxmark Mill,
the new Key Lake historic estimate, and all the other properties.
---And with adding all this readily available information....
now almost entering the factual stage.
... My estimate maybe a little conservative... but I see GRC with
2 million ounces in hand by year end ...an having a insitu value
of 130 per ounce.. for a total of $ 260,000,000 market cap ..
that gives us a good future at approx. $ 2.50-2.60 per share...
and in any take-over move
...more in the $3.25 to $ 3. 50 per share range.
.. I also notice that it's not been near so lonely buying GRC lately ..
Nice to have the company...
Even our chat lines are growing their numbers..
by fulogas thanks good info :-)
..thanks for reading :-)
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