Takeover Target?, page-77

I actually enjoyed listening to this gbgirl, thanks for posting.

key points:
gold has a lot higher to go. (FFX tick)
he looks for explorers of 1m+ oz to make it really worth while to build a plant. He loves a 3m+oz deposit (FFX to realease possibly a 2m+ Oz deposit on current data with huge expansion upside... WITH A MINE BUILT AND ALREADY PAID FOR. This is a huge point, absolutely massive.)
this guy doesn’t like buying in risk places eg Congo.
places like Mali run risks eg military coup. That’s fair. Even though the coup when as well as you could hope, obviously there is an African risk. He doesn’t doesn’t like that risk... and that’s fine... gold miners have operated in Mali for a very long time.

so thanks dbgirl, you have pretty much shown the Morila deposit is what brokers look for and the fact there is a mine already built is just massive. Of course, we don’t forget African discount.