CNJ 's market cap. is $12.5m ... thus the market values the Mt Thirsty 50/50 j/v at ... $25m.
Leaving GSR's Coolgardie based gold resources of over 500,000 ounces at a market cap. of ... $10 million. That valuation by the market is surely an anomaly ? Especially as the big on-going Coolgardie gold drilling campaigns are in progress till years end.
Ann: Global Gold Resource Increases 57% to 520,134oz, page-18
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