RNX renegade exploration limited
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valuation of ovr insitu resources vs mcap, page-8

  1. nathan21
    3,351 Posts.
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    22/02/11
    08:31
    Post #: 7929911
    Zinc prices are now at 1.16/lb and rising still...

    OVR's recent resource upgrade coupled with higher commodity prices and depleting inventory is the perfect storm for a rerate. Will be interesting to observe their economic analysis [i.e. NPV and IRR] numbers now....investor presentation at the PDAC will also be noteworthy.

    Stick to the hard assets....and juniors with proven resources in the ground. Not companies with moose pastures and rock/chip grab sampling....

    OVR Price at posting: 30.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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