RE:ASM seems like a good risk reward trade @ $1.80Agree, undervalued, huge property - 36.000 m to drill this year and if they find good grade vein,
could start to mine immediatly as they has capacity in current mills, share price should test
3 US, price that was in 2017
Mkt cap is only 130 M, proven resources 1 M Au/eq + mine infrastructure in place and production running, also nice position in Talisker resources, 7 M cash and debt free from Q2, current analyst price target is 2 US, which is low if everything is taken in account
Drill results should be coming whole year, and great decision from mgmt to drill 36.000 m
Glta