Agree- classy and professional response - they have a nice basket of commodities with potential to increase in value as we have seen with Zinc this year rising 70% since beginning of 2016
Mt Carrington
Gold and Silver development asset
JORC resources* 338,000 ounces of gold and 23.4 million ounces silver
Ready for the Definitive Feasibility Study step
Projected free cash flow expected to be >$100M**
170km south of Brisbane
Extensive mining infrastructure in place
Drill-ready exploration targets identified to expand and / or extend mine life
Opportunity to be a part of a growing gold & silver company
Significant value uplift potential–excellent exposure to the strong Australian gold price, with counter-cyclical exposure to silver and zinc
Geological, geographical and commodity diversification for investors
Near term cash flow from Mt Carrington is expected to fund mine expansion andmine life extensional drilling at Mt Carrington and high impact exploration at Red Mountain
Well credentialed and highly regarded management team and board
First 3 years of gold production from two pits at Mt Carrington,already pre-stripped
Red Mountain has the potential to yield discoveries with high grade VMS intersections, with unrealised gold discovery potential
Exploration campaigns and advancing the DFS should generate high levels of news flow
Alaska Red Mountain, Alaska (Atlas Resources)
Polymetallic VMS deposit (Zinc-Silver-Lead-Gold-Copper)
100km south of Fairbanks, close to extensive mining infrastructure
Mining friendly jurisdiction
Significant potential exploration upside in a highly prospective yet
under-explored district
Outstanding grades from near surface
Significant potential to expand the zinc-silver VMS camp siz
Add in our easy path to production and the market will finally wake up - the shortfall will all be taken up IMO and we will have plenty of cash to take us into next phase - remember
Wait until rest of market gets wind of our assets - 3 cents will be an EASY TARGET IMO and potentially achievable this week. On friday we saw some good volume enter this stock and some aggressive buying so this will attract necessary attention from "mr market" IMO
please do your own research as my comments are not financial advise to BUY, HOLD or Sell