well on the announcement of the company it states that they are planning to develop the Konongo Gold Project in to 100k ounce per annum gold producer. Since there is 1 million ounce of gold reserved within the area, best scenario is that Signature metals should be able to make around $92millon (100k ounce x $920 current gold price) every year for next 10 years. But I believe it will take a while in order to achieve this however potential it self for this $10mil company is pretty huge IMHO. So I'm planning to accumulate slowly and take my time and see where this leads us to.
Tomorrow will be another day. Might start strong on open.
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bad start today, page-16
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