"decent 406,000 oz. gold resource" I read lower, this must be combined with those satellite projects 10km away.
recent in ground transactions have been $64 ounce.
so nearly $26m in ground ave value. vs cap $12m @ .004c
over .008c, therefore plenty upside here.
"Gold has regained its luster as investors seek havens from volatile markets and weak interest rates. While the metal is up about a quarter this year, the value of mergers and acquisitions has soared. The average paid in 133 transactions in the three months to June was $64 an ou of gold equivalent in the ground, up from $36 in the first quarter of 2016, as buyers factor in better long-term price expectations, according to Bloomberg Intelligence."
http://www.bloomberg.com/news/artic...-m-a-spree-builds-as-price-gains-boost-values
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Last
$1.23 |
Change
0.020(1.66%) |
Mkt cap ! $2.935B |
Open | High | Low | Value | Volume |
$1.23 | $1.24 | $1.21 | $8.926M | 7.267M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 334167 | $1.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.23 | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 25516 | 1.220 |
3 | 30983 | 1.215 |
1 | 19000 | 1.210 |
2 | 115535 | 1.205 |
3 | 25135 | 1.200 |
Price($) | Vol. | No. |
---|---|---|
1.235 | 21735 | 2 |
1.240 | 16994 | 3 |
1.245 | 25344 | 2 |
1.250 | 183246 | 13 |
1.255 | 42782 | 4 |
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