E25 0.00% 22.0¢ element 25 limited

Cheese and Biscuits

  1. 4,738 Posts.
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    By way of comparison ... GOR market cap in June 2013 was a mere $13.6m including $8.9m cash. Almost identical to current MZM market cap of around $14m with about $8-9m in cash and securities.

    Two years later, by June 2015 after discovering Gruyere, GOR market cap was $320m including $50m cash. This represents a (16 bag) share price movement from $0.03 to $0.48.

    Lets hope MZM can find the big biscuit to move us from $0.20 to $3.20 but don't hold your breathe or put your house on it ... Its speculative, but with the gold price on the move I think there is significantly more upside than downside in MZM. my opinion only, do your own research.
 
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