Gold in Nevada, page-6

  1. 33,575 Posts.
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    It looks to have a cap of around $10M if I was interested in a company like this I would want to see that it had at least $6M in cash available to fund its drilling program , so would not have to come back to the market for money from issuing shares which would cause dilution and possibly lower the share price .
    Grade seems very low but given that it has been heap leached in the past likely to be non refractory .
    (I do not know this area of Nevada )
 
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