Looking better and better at open.
Torque Metals got a similar writeup, be interesting to compare.
From the Proactive blurb for CAV:
"Carnavale’s goal is to explore and discover high-grade, truckable resources of a similar size to the historic Cosmopolitan Mine that can be processed at a nearby existing third-party processing plant.
The Cosmopolitan mine, the largest high-grade gold producer with more than 331,000 ounces of gold at 15 g/t, headlined Kookynie’s extensive historic gold mining years between 1895 and 1922."
Obviously need to shore up a decent JORC around that size and its about how much to get it out of ground via scoping study etc, but 300,000 ounces of gold is around $850 million Oz dollars in todays money.
MC is currently $13.6M.
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Mkt cap ! $16.36M | |||
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