Tomorrow would be a great day to release news
Those of us following this company daily know this stock has just been beaten down along with gold and silver. Tonight’s surge is a perfect time to release news and hopefully trigger a short squeeze.
Any of the following would be very welcome:
- Heap Leach restart with economics
- Vortex redrill of the Break & Albert fault intersection.
- Brimstone deeper hole to prove the feeder and what’s in the altered intrusion.
- Arrival of the two new core rigs (unlikely they’ve arrived), or public confirmation they are targeting 1. Bay and 2. Targets on the East side of the Kamma mountains to prove the district thesis.
- New strategic investor or Sprott Form 4
Oh, package up all five and get the market cap needed to fund that very smart acquisition they have in mind.
How are you not all in?
If you are following this stock closely, how can you not be all in at this specific juncture?
PEA results - pending (most important)
Recoveries - excellent
Size of resource - unparalleled, but not priced in
H25D-6083 re-drill (unpriced call option on a district level resource)
Price of silver and gold - recovering
Heap leach restart? Likely to be economic
Macro environment - recovering
Underground mining potential? Being planned
Potential M&A activity? An executive onboarded with this experience
I estimate 10% downside near term, with a ceiling on the upside that can’t be calculated.