"The Copalquin project contains the highest grade of the peer groupand with drilling underway, the 40moz silver equivalent resource (0.5m oz goldequivalent) could be increased by 2-3x in the next 6-9 months"
Even the 2x current JORC puts them at 1mill oz gold equivalent and at this high a grade, the market cap could reach $100-150mill on a resource of that size and grade, especially given the further exploration upside. 3x the current resource for 1.5mill oz should be much better again for the market cap, especially if the grade stays this high.
Shorter term, the Canadian listing might keep interest up. This has been a hard one to pick. I only got in early last week expecting a re-rate in a few weeks with the dual listing. It has obviously been re-rating earlier.
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49.5¢ |
Change
0.050(11.2%) |
Mkt cap ! $53.19M |
Open | High | Low | Value | Volume |
46.0¢ | 54.0¢ | 44.5¢ | $2.498M | 5.029M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 677 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 73681 | 4 |
View Market Depth
No. | Vol. | Price($) |
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3 | 37204 | 0.490 |
1 | 22500 | 0.485 |
6 | 32518 | 0.480 |
3 | 14107 | 0.475 |
5 | 52767 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 24130 | 2 |
0.510 | 36795 | 5 |
0.515 | 29801 | 2 |
0.520 | 38000 | 4 |
0.525 | 5000 | 1 |
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