After months of research and due diligence, i have accumulated a large position in Signature Metals and boy am i glad i did. Once every few years you come across a stock and wonder how it can possibly be valued so cheaply!
- Prime real estate -world class Ashanti Gold belt of Ghana - Gold production to be announced any day now - JORC resource of almost 1.5million Oz Gold - Commissioning of refurbished plant almost complete - Exploration target of upto 2.5million Oz Gold - significant ongoing exploration programs - strong, stable financial position with recent cap raising - fantastic management team who are heavily invested
---> in particular Matt Wood with 50mill shares.I am one of many who have made a lot of money following this man, reaping the rewards of his uncanny ability to take 1-2c companies to 10c and beyond - think AVB, VOR
currently valued at less than $40 EV/resource ounce!!??
Insane...if SBL was sitting at 5c next week, i would still consider it cheap.
SBL Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
