Buying Salazar still makes sense. 25%* of a green-lit deposit of such quality is a rare "sure thing" for a tiny explorer, plus a takeover is pretty likely now.
*it's 25% of the deposit free carried, but was calculated at ~12.5% of npv after expenses are paid back. I think that if you plugged in current Cu/au prices then the payback is a lot faster, with a real lift in that npv %.
cla still looks cheap, this could change.
Ann: MCB Project Mining Permit granted by Philippine Government, page-412
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Mkt cap ! $31.56M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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