~$5 / oz discovery cost 1,1 million ounces with a discovery cost of $5 / oz so far and a m-cap of $11 million, do you think this is normal? It´s looks like a bargin to me anyway.
Indicated Mineral Resources:
14.1 Million Tonnes at 0.94 g/t Au:
425,000 Gold Ounces
Inferred Mineral Resources:
29.1 Million Tonnes at 0.78 g/t Au:
729,000 Gold Ounces
https://www.channelresources.ca/i/pdf/chu-presentation.pdf