Post by
niceassay on Feb 08, 2020 4:07pm
Still only $12 million market cap?!
Amazed that this is still only a $12 million market cap. Came across my radar when it hit $0.20 because of the spike in volume. Guessing they got some mining guys in when they raised money who are now promoting it. Great to see tons of news from exploration work now coming out over the last couple of months.
For a company with a good sized property, very minimal property payments, and a royalty which can be bought back, its a heck of a start. In a really mining friendly area too. Gold looks to be mapped out over a 5x3km area (which is obviously huge). The mag survey yielded some really interesting results while the grab and chip samples and trenching all confirmed there is a very very very good chance of finding some big enough to get a lot of attention.
I could easily see this at $20 million market cap plus by the time they start drilling (which is hopefully in the next month or so?)