Exised, appreciate the list, but, perhaps better to compare with acquisitions that were not in production? Whilst I think its a great acquisition. I have seen other assets purchased for less per ounce (but then... none of them had 2m+ ounces in resource). Not every day a new producer, who has just poured their first bar, is able to buy an asset which doubles their gold endowment for just 6% of its market cap.
Looking forward to seeing what CMM is able to achieve over the next 6-12 months with the large infill drilling campaign. The project seems like a very logical one, with all the permits/past mining etc. Sort of surprising that this asset has not been picked up earlier?
CMM Price at posting:
$2.09 Sentiment: Hold Disclosure: Held
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