Due to the accessibility for retail investors to take part in stocks, gold miners could even enter a mania phase, honestly a 1bn market cap sounds like a modest valuation when you study the market cap of capricorn metals at this current stage Barton is at, with a gold price 50% what it currently is. If gold and gold miners go ballistic and overshoot valuations, Barton gold could be multiples higher than a 1bn MC.
I am honestly curious how many more capital raises we have left, maybe one more just for stage 1 mill commissioning? I'm assuming after that, Barton will be dealing with external finance providers for the new mill construction works.
BGD Price at posting:
55.5¢ Sentiment: Buy Disclosure: Held
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