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Ann: Agreement to Sell Sams Creek Gold Project for A$3.8M, page-4

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  1. bonjovi0308
    56 Posts.
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    03/07/17
    16:19
    Post #: 25635366
    A total of A$3.8 million for a little over 1 million oz = ~ A $3.8 oz per gold ounce resource. I would say the selling price looks pretty low, indicating either there is no strong buying interest yet in the gold market, or there could be some fundamental problems of the gold project. I dunno.
    MOD Price at posting: 6.2¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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