unloved is prob one of the reasons why it's a buy at current price.
2.5m cap, 1m cash, JORC of 400,000 oz @2.2g/t, most of which is attributed to the bulk tonnage low grade Archangel prospect
I think company is now hearing the market by going for LOBO to expand the high grade part of resource
nowadays sentiment towards gold, unless you get some mega meaty intercepts of low grades of 1-2g/t, market wont even blink, so going for high grades is the right go imo
drilling to start soon, one to keep an eye on imo, esp after seeing what pattos have done for GMR recently
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