Hi Spec, Hope all is well.
I believe they already have over 1moz, and as you say, with the targets involved 1.5moz not going to be hard. This play reminds me of GRY Gryphon Gold which was taken out in mid 2012-16 (cant recall). Should be able to build a 1.5-2moz base and wait for the market to turn. IMO USA/Canada have now become hot beds for left wingers and permitting is now a huge issue. I don't consider parts of Canada or USA any better than Africa.
Am hopeful, with the right amount raised, the nice hits to expand, should be back above 10c quickly, when the specs turn.I think you will find all Goldies have underperformed XGD mate. All runs to liquidity first. Flows always go to the seniors and over time trickle down.
CR and then this goes.
I think you will find all Goldies have underperformed XGD mate....
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