To give my shortest and sweetest analysis -
- They have purchased mining equipment to the value of $70m (which is much more than m/c)
- They have inherited historical drilling with records for 173,000m (which is much more value than m/c)
- They have several projects which will prove up to JORC of 6m+ oz of Gold in a very short time frame
- Gold grades not seen of this scale by peers
- Proven 421k oz of Gold which is just scratching the portfolio
- The tenement locations are all within established infrastructure areas - huge capital savings
- Peer comparison value just for 1m oz deposit is worth much more than m/c
- World uncertainty will only help increase value here
- Crypto big gains / losses will be coming into gold soon enough for safe haven status
- CASH IS KING but won't make you money while Gold bullion / companies prices can grow substantially
- For every dollar Gold goes up we times it by 6 million (IGV), imagine when it grows $10-$50 overnight
- Whether it be a small market correction or a whopper of a crash people will be coming here to get in
- All the signs are there for this to be $500 m - $1 billion m/c (10-20 bags) from here
- T/A is lining up for breaking into new highs / think it will surprise people on its upside
- F/A perspective have not come across this much potential for a re rate in years
Simply and OUTSTANDING OPPORTUNITY right here, please DYOR and happy to be here
