cheapest up coming gold producer, page-3

Be great to hear your opinion Vayama.

Gold drop to US$651.50 which give Menzies production a net profit of A$ 14,404,032 for a market cap of only A$6M. Anyway gold drops last night is to me a short term consolidation before breaking out to new high. I am looking for US$700 an ounce soon.

You would think RER be a takeover target for the smaller end of gold producing company by spending just over A$7M and still get a very good return.