very happy for your gains LT .., OBM doing well just been...

very happy for your gains LT .., OBM doing well just been looking over OBM numbers to compare to my Gold stock always like to look over the fence to get idea if my pick is as good as I think it will be next year+ spent so much time looking over Gold stocks on the ASX that are successful producers with real
upside in value .. in the end I started to look over on the NYSE to compare .. as I'm starting to think ASX more expensive place to buy Gold stocks P/E wise

I come across GAU be interested how others that say hold the likes of a OBM would value I think it's well undervalued

GAU.TSX they have just signed up a deal to gain 90% control of Gold project in Ghana they have been 45% holder and managed the Asanko mine alongside "Goldfields" (which are to move to 20% S/H)

5Mtpa CIL plant
2.1Moz Gold reserves (3.5Moz M&I)
240-250koz forward 2024-30 production profile that could increase with higher grade ores present av 1.39g/t Au


Gold reserves coming from muti openpit all resources open at depth and along strike very underexplored

Run by Aussie along with more in mgmt ..

At present market cap even with more shares to be issued = A$300-320mill and the planned large $A188mill cash balance makes a complaining case for one of the most undervalued Gold producers around

can see why only around 25% of shares are held by retailers ...most tightly held by insto's