XEC 0.18% 2,126.4 s&p/asx emerging companies index

Agree FIN offers lots of potential (and under cash...

  1. 222 Posts.
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    Agree FIN offers lots of potential (and under cash backing).

    Another shell/gold stock is VKA. Market cap only $2.1m, has $1.7m in cash and looking at new gold projects. Also has added bonus of a court battle with the Chinese over $3m USD in unpaid acquisition funds and a further $2m USD in potential royalties. After almost 2.5 years it has finally made it to court in Ghana. Not going to be a quick win (as you can see) but certainly lots of upside. At some point they either get paid or the project returned.


 
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