TMX has a JORC inferred resource of 200,000 oz. gold. Approx 2 gm/tn so out of ground value at current gold prices $900 less say $400 per ounce gives $500/ounce x 200,000 ounces worth $100 million. Excellent frirst drilling results from Celtic confirms further gold mineralisation and a further 5000m drilling to double resource, worth becoming $200 million with further drilling results from three other advanced projects. There are only 30 million shares on offer, potentially $6 per share !!!! Cap only $180 miilion at that price.
This share has a huge potential upside.
Only commenting. Go to a broker for advice.
tmx a ten bagger ?
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.726M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $15.68K | 4.166M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 14029289 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 8091213 | 11 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| TMX (ASX) Chart |