"decent 406,000 oz. gold resource" I read lower, this must be combined with those satellite projects 10km away.
recent in ground transactions have been $64 ounce.
so nearly $26m in ground ave value. vs cap $12m @ .004c
over .008c, therefore plenty upside here.
"Gold has regained its luster as investors seek havens from volatile markets and weak interest rates. While the metal is up about a quarter this year, the value of mergers and acquisitions has soared. The average paid in 133 transactions in the three months to June was $64 an ou of gold equivalent in the ground, up from $36 in the first quarter of 2016, as buyers factor in better long-term price expectations, according to Bloomberg Intelligence."
http://www.bloomberg.com/news/artic...-m-a-spree-builds-as-price-gains-boost-values
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Last
$1.39 |
Change
0.045(3.36%) |
Mkt cap ! $3.319B |
Open | High | Low | Value | Volume |
$1.37 | $1.41 | $1.35 | $14.07M | 10.18M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 55057 | $1.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.40 | 6000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 55057 | 1.385 |
3 | 86914 | 1.380 |
3 | 86990 | 1.375 |
4 | 125476 | 1.370 |
2 | 88514 | 1.365 |
Price($) | Vol. | No. |
---|---|---|
1.395 | 6000 | 2 |
1.400 | 289283 | 13 |
1.405 | 93469 | 9 |
1.410 | 180783 | 7 |
1.415 | 152124 | 6 |
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