RE: OX Mining Cost forecast from RomarcoRomarco has over 5M oz of gold in various categories, Goldboro may have 3 M oz of gold after the current drilling, and 50% goes to OX, so 1.5M oz of gold (people can take even further for 40%), thus it is NOT possible for OX to have the similar market cap with Romarco.
Another point is that Romarco is 80% owned by institutions, and they have invested interests to buy the stock to support the price. OX does not have that kind of institution support. Far from it.
The first step is $90M to $100M market cap, not $500M market cap after the drilling.