SXG 0.89% $3.33 southern cross gold ltd

Ann: SXG - 404m @ 5.1g/t Au Uncut Traversing 13 High-Grade Veins, page-44

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  1. 2,989 Posts.
    lightbulb Created with Sketch. 4363
    I am talking about MC based on free float shares only.

    If we talk about fully diluted SOI, this 404m at 5g/t can potentially bring MC to $400mil-$500m, especially at the time gold price is stalking USD $2000/ounce mark.

    404m of gold interception in a single hole is not something you see in a decade or two. In fact i have not seen anything like this from an Australian gold exploration company over the last 20 years.



 
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