Bought in today.
Already a great resource with excellent scope for growth, cashed up and with the stimulus injections that will be coming worldwide, investment should gravitate towards gold.
Just shy of $6 million in the bank in January. Even with this $400k deal, cash should still last a long time with operations temporarily pausing. I imagine they had their eyes on this deal and found it too good of an opportunity to pass up even in the current climate.
Good management, cashed up gold play with what seems like a strong shareholder base.
Might be a wild ride.
Ann: Strategic Investment and Estelle Gold COVID-19 Update, page-7
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Mkt cap ! $48.94M | |||
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