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Ann: 63.2 metres of 10.28g/t Gold at Colosseum Mine, page-60

  1. 109 Posts.
    lightbulb Created with Sketch. 40

    That's the thing, everyone trades stocks now, very few actually invest in them.

    Let's take this company, how much money has it raised? let's say it was somewhere around $20 million? It has 800,000 ounces of gold, potential for rare earths and a project that could provide additional growth in the magnet space.

    Divide $20 million by 800,000 ounces, you get $25 per ounce. That's cheap on the gold alone from an exploration perspective and the market cap yesterday was $19m. It tells me that the market is illogical and unable to do basic maths.

    I have increased my stake over the past two months and will continue to do so when I am able to
 
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