what gold stock has the lowest market cap?, page-7

  1. 2,917 Posts.
    BLK
    Market cap only $9m
    has negative value to Gold prospects...DYOR

    http://www.asx.com.au/asxpdf/20061020/pdf/3z3htg4z81rh6.pdf

    this report shows 194k oz JORC not announced to market as yet (may well be higher) in williamson, regent and wiluna south M2 and M10 -

    BLK sitting on a nice gold resource at Carol prior also from old drill results..

    after drilling this may well go over 1m oz of gold..

    BLK is extremely undervalued considering there is a $15m offer on scadden coal asset(still cheap comparatively speaking, counter offer may well be on the cards), other coal resources and a huge known Gold resource with 194k oz Jorc.
 
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