GOLD 0.51% $1,391.7 gold futures

gold companies - asx nanocaps (under $5m mcap), page-16

  1. 2,755 Posts.
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    WCN certainly has some interesting looking projects (with drilling in progress/about to start), I've added it to the mix along with CVG. I've made the cutoff $6m, a couple that just missed out on the list tonight but recently would have been low enough are MUM and MXR.

    I purchased some CVG today, their Bounty project has a 703k oz resource and though relatively low grade they do have a resource upgrade around the corner from drilling last year so will be interesting to see how that pans out. At $5.6m market cap and with news around the corner it seemed worth the punt.

    With Gold having just cracked US$1140 and looking bullish it will be very interesting to see how long some of these tightly held stocks maintain their composure and low market cap.



 
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