Their upper target of high grade Hematite is around 1.25Bill Tonne. Earaheedy is quoted as a 1.0Bill + target. They are so conservative that over its massive strike length it could be 1.5Bill+ My instincts tell me they will eventually JORC over one Bill T. at a $10 per Tonne in ground valuation and assuming no dilution we get to $55 per share excluding all their other assets. This Coy is the real deal. It can behave like a roller coaster but hang on The price was also suspiciously beaten down just before the ann of the AMCI deal.
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GIR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held