Looking at the current market caps for gold juniors ($5m to $20m seems to be the new market norm), I cant see TAO staying at $3.7m for much longer given:
- Follow up results from 17g/t Au and 8760g/t Ag due shortly
- Announced currently in negotiations for new projects
- $1.7m cash and only 31m shares issued.
- 1 year 20c options being issued to shareholders should be in the money straight away (20c share price is still only a $6m mcap!)
Also agree that NES offers great value at the moment given further drilling is not that far away. Previous results suggest they have every chance of hitting something special.
1m @ 142g/t
8m @ 5.53g/t
25m @ 2.06g/t
192m @ 0.5g/t
Looking at the current market caps for gold juniors ($5m to $20m...
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