TAO
- Tiny $4.2m market cap with $1.65m cash and the best capital structure to attract a new project with only 31m SOI.
- New one year 20c options trading at 3c (shares 13.5c).
- In advanced negotiations regarding new projects.
- Follow up results due from initial 17.4g/t Au and 8760g/t Ag results from US project.
Compare the current TAO mcap to the other "Gold focused shells" currently looking for projects and looks very cheap at 13.5c.
Code Name Price SOI MCAP Cash EV 1 EMU Emu NL 3c 298m $8.9m $1.6m $7.3m 2 MRZ Mount Royal Resources 23.5c 33m $7.7m $3.6m $4.1m 3 OKR Okapi Resources 21.5c 36m $7.7m $0.8k $6.9m 4 MRR Minrex Resources 3c 206m $6m $0.5k $5.5m 5 TAO TAO Commodities 13.5c 31m $4.2m $1.6m $2.6m
Good luck and DYOR
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