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Strategies & Market Trends : The Ego Forum -- Ignore unavailable to you. Want to Upgrade?


To: hubris33 who wrote (12159)9/19/2014 11:34:08 AM
From: LoneClone  Respond to of 12175
 
Cove is nice but according to analyst reports I have seen accounts for only about 5% of total NAV. Still, it looks like it could some cheap near-term production well before Hardrock would begin generating income.

I am not enough of an expert to comment in detail on the technical aspects of Hardrock, but what I have read from those who are indicates your conjectures look very reasonable, particularly in terms of converting underground ounces to indicated and/or measured status. We may find out before too long if they release a revised resource estimate rather than waiting to release it as part of the FBS.

LC