breaker resources (brb) was my last takeover and it had a jorc of 2 million oz open pit gold and was getting high grade deep gold hits better than Sxg. Rms took that company out for $180 million in 2023 and breaker even had $80 million cash from their ill timed manna lithium sale. that takeover look ludicrously undervalued compared to some very deep drill holes at Sxg resulting in a market cap somewhere between $500 -$600 million. It is all about timing the market and breaker made a meal of that.
drill holes have been expedited and should really come out this week if they are good. If they don’t come out then that increase the chance of not having a large deposit.
Ann: Achilles Delivers Outstanding Gold and Silver Results, page-208
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