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To: Gilmar1 who wrote (13837)12/14/2016 11:27:08 PM
From: the Chief7 Recommendations

Recommended By
Edwinder12
Gilmar1
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and 2 more members

  Read Replies (1) | Respond to of 22811
 
I only hoped for about 25K tons in the area we are in. that area was about 1/2 sqkm. So, we have 79,000 tons in an area that is about 2/3rds the size of the area I approximated the 25K. What is rather amazing about that is we are still open on strike and depth. So, its not out of the reach of 150K to even as much as 200K by the time we expand to 1KM of strike length.

The forecast of $4.50 in the post you quoted still stands it does not increase with resource, unless we can increase production. To do that we have to get a permit that allows greater than 500 processed tons a day.
That may come in time but for the next 3 months we infill the 58,000 tons inferred and raise our total indicated and start including measured.

I am stoked, couldn't be happier. Would I like a higher stock price, of course, but you build a business first and the money will come and Bruce and Olga are doing a great job.