seeing all of us on here again lol,
Mountain boy and Decade have not released news since NOV/12, Being Feb 14/13 thats a long 3 months. The reason that I am still here is that the property drilled alot of holes last year, Alot of visable gold was seen in the cores. The historic assays are incredable and there are several holes to be released this spring.
Yes we know that money is needed to drill more this year, But we also know that the company has been working on a 43-101 resource estimate which will include Silver/Copper/Gold
If you look at the grade and length of the past several years of assays its not hard to see that the company is sitting on 1 million oz and change.
1,000,000 oz x $40 oz (conservative) = $40,000,000 x (Decades 65% of redcliff) = $26,000,000
$26,000,000 / (estimated shares outstanding) 110,000,000 = .24 a share
I know that is why I am here and I imagine the same for you, There is no point at looking to raise money until the 43-101 comes out. I dont care if we only drill half the year, I would much rather drill with money raised at .20 then .05
Oh ya and dont forget management bought 70% of MTB PP and 40% of DEC PP last year. THEY KNOW WHAT IS IN THE GROUND