please critique my precious metals play..., page-2

  1. 14,914 Posts.
    I wouldn't be getting rid of CVR either.

    Tiny market cap of just $23m yet producing 1000's of ounces of gold.

    Right sector right time.

    Maximum debt of $3m, though we're not sure if this debt is already paid back.

    Ramping up to 100% production at Dalabai, this stock has come a long way over the last year.

    Toll treatment MOU signed to produce what could be around 25k ounces per annum more which would give them a total of 50k ounces per annum. At a conservative $900 cost per ounce estimate that would give them $33.7m in gross profit per year.

    And the market cap is $23m

    :D

 
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