OTCQX:DMMIF - Post by User
Comment by
The_Alchemiston Dec 10, 2019 4:56pm
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Post# 30441424
RE: Barrick Gold sells Senegal project
RE: Barrick Gold sells Senegal projectRONNIE111 wrote: Barrick Gold sells Senegal project to Teranga in $430 million deal
The Massawa project has total Probable Mineral Reserve of 20.9Mt @ 3.94g/t for 2.6Moz as at December 31, 2018 (100% basis).
The project is an advanced stage exploration project with a completed feasibility study. The mine would be open pit.
This compares to Core's Dynasty Gold Fields: 1.0m oz Au (Indicated), 1.1m oz Au (Inferred) of High Grade Gold >4 g/t Au at Dynasty Goldfield(1
DGF is an early stage exploration project with the potential for greatly increased resourse base.
Yet we’re trading at 1/10th of that with a similar resource and more exploration potential? All because of poor Managment