Ann: Siren Gold High Grade Hits Keep Coming at Alexander River, page-64

  1. 22 Posts.
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    I thought i'd share this peer analysis of WA based Gold Explorers and Junior Producers. Its from an MM8 (Medallion Metals) recent presentation. (i'm not a holder of MM8 by the way). If SNG were in this analysis, they'd have a market cap (EV Value) of $19m and as we now know, conservatively, a Resource of 750koz at 5-6g g/ton Resource Grade, and therefore based on the above peer analysis an EV/Resource of $25.33/OZ.. Compelling reading if you have any doubts as to whether you're invested in the right Gold Explorer.
 
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Price($) Vol. No.
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