BNZ 0.00% 13.0¢ benz mining corp.

I can think of one million reasons why. 1Moz of gold at 7gpt now...

  1. 7,533 Posts.
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    I can think of one million reasons why.

    1Moz of gold at 7gpt now has an in ground value of CA$3.2B. I hate insitu values but since this time last year it’s increased by $1B. Pretty unbelievable.

    Also we have quite a bit of completed drilling that didn’t make into the last resource update. That means there’s a good chance we’ll see another resource update this year and based on some of the 2023 results, we could be adding a few hundred thousand ounces.

    In addition to that, the resource assumed a gold price of US$1800 so if they decide to increase it to say $2000 and thus lower the cutoff grade, that in itself could add a bunch of ounces. Not the most ideal was of adding ounces but with such a high grade resource, it’s entirely feasible.

    Pretty good time to be holding a stock like Benz. Bottom is in; upside is immense. #chickendinner
 
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