Bullboard - Stock Discussion Forum URZ3 Energy Corp V.URZ

Alternate Symbol(s): NVDEF

Metals & Mining Gold

URZ3 Energy Corp., formerly Nevada Exploration Inc., is a Canada-based exploration company. The Company has also diversified its interest into Uranium. It is engaged in the acquisition, exploration, and development of resource properties. It owns approximately 35,467 hectares of mineral claims in Saskatchewan. Its projects include South Grass Valley, Kelly Creek, and Awakening. The South Grass... see more

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TSXV:URZ - Post Discussion

URZ3 Energy Corp > 1000 bagger?

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Post by rborhi on Jul 22, 2020 11:33pm

1000 bagger?

So I read about the 1000 bagger potential for NGE from Kaiser.

That would be about $20 billion market cap.

Barrick is about $60 billion, Kirkland Lake $13 billion..

how does he arrive at 1000 bagger potential for NGE? seems really high. Like 20 GBR's right now.

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Comment by CycleInvestor on Jul 23, 2020 9:39am

From the NGE corporate presentation: Carlin - 119 M oz gold Cortez - 44 M oz gold Getchell - 38 M oz gold NGE is in the same area, with the same geologic formations, only under cover. If they discover the equivalent of a Carlin on their property... This is why Kaiser says potential for 1,000 bagger.

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Comment by Westcoastwalker on Jul 23, 2020 10:58am

Not to mention finding it SGV first then the other districts could equal all the gold found on the surface in all the surface mines. All of them!

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Comment by rborhi on Jul 23, 2020 1:07pm

Thanks for the replies, it is mind boggling thinking of that valuation. Even to a casual observer, the under cover theory is something you could easily explain to a teenager. If gold was found in areas where the rock outcrops, wouldn't there also be some gold in the areas under cover that no one has explored in between? The science based method of sampling water for gold traces is also ...more

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URZ3 Energy Corp