I can see Hog Ranch coming up with a 5m plus Resource over next 18 months similar to Corvus Gold which is currently at 3.5m ounces but growing with further drilling.
Corvus Gold based in Nevada has a A$400m market cap. They maybe ahead of us in Resource definition but you can see how undervalued Rxm currently is.
Corvus Gold current Gold Resource as of Sept 2020
Project 1 Nevada
Mineral Resource•Gold:
2.1Moz M&I, 0.41Moz Inferred
Total M&I
24.67M tonnes ,1.31g/t , 1,037,000 ounces
167.47M tonnes , 0.20g/t, 1,070,000 ounces
Project 2 Nevada same location as project one 20 kms away.
Mineral Resource•Gold:
1.6Moz M&I, 0.17Moz Inferred
20.98M tonnes, 1.49g/t, 1,002,000 ounces
39.26 M tonnes 0.44g/t 550,000 ounces
210m Gold From Surface + Billion Dollar NPV Copper Project, page-2
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RXM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
46.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $360.3M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.5¢ | 46.0¢ | $380.4K | 826.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 10978817 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 13906852 | 62 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| RXM (ASX) Chart |