Undervalued ASO I have been looking at market cap & assays to get fair value ASO the closest comparison i can find AUT (Auteco Minerals) Australian company mining at Pickle Crow, Canada Grade comparison ASO historical data is better let alone the extra assays announced 2 weeks ago just enhances what is going to be a major resource IMO ASO owns 100% control of its tenements' AUT has just earned 51% by exploring and proving resource. Aut raised $30,000,000 at 13.5 Cents in July 2020 and the shares went up to .23Cents indicating Market Cap @.135 of $211 Million Projected Values using current AUT valuation the cap raise & subsequent price top .235 & allowing for exercise of 2021 ASO May options & projecting price out to 100% ownership. Valuations based on what is known to date as the resource becomes more defined and historical data proven who knows where it could go. Furthermore we haven't touched on base metals yet which were good grades based historical data
Kirkland has proven with good grades and consistency mining at depth can be extremely profitable. Happy to be corrected if i have missed something or calculated wrong DO YOUR OWN RESEARCH
ASO Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
