CHU now at $9,3 / Ounce Channel got 425.000 ounces + 729.000 inferred => 1,154,000 Total and m-cap $10,74 million = $9,3 / Ounce
If we compare with Volta a neighbour in Burkina Faso they got 4,029,000 ounces and an Inferred Resources of 1,000,000 ounces and a m-cap of 100 million, that gives $20/ounce.
Orezone also neighbour, 127 million m-cap and 1,6 million oz gold and 1,9 million inferred, gives $36/ounce
Semafo (neighbour but also producer ), 1,1 million + 1,7 million inferred m-cap 1350 million, gives $484/ounce (idon´t use this one for my calc)
Riverstone 2,7 million ounce and m-cap of 52 million, gives $20/ounce.
So for CHU with 1,1 million we can expect approx 100% rise from
,10 today..