ARX would have to be about the lowest.
.5M ounces proven, .5M ounces probable, .3M ounces inferred at one site alone with production slated to start Sept 2009.
You need about 100 shares for an inground ounce of gold - about $2.30 right now.
Down side is that they have high debt and no cash - they either get a farm in partner, new debt or go out of business.
High risk, high reward.
Cheers
- Forums
- ASX - General
- quality stocks that have fallen the most
quality stocks that have fallen the most, page-2
Featured News
Featured News
The Watchlist
VMM
VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
CEO
SPONSORED BY The Market Online