GOLD + ECUADOR - MUST BELIEVE IN BOTH TO BE INTO EGX? The Ecuador + Gold play... Why would you choose EGX over INV - Not saying that to upset anyone, really just want to see if there is a reason...
INV has a 3x+ higher grade gold deposit (3,500,000 ounces at 3g/t) and more importantly lots of cash
THE COMPANY IS TRADING BELOW CASH - $18,000,000 IN THE BANK ... AND ITS MARKET CAP IS $12,000,000
Also seems to be a good team in place with IAMGOLD as largest shareholder is not a bad thing!
Meanwhile EGX current market cap is 25% higher than INV and has nowhere near the strong cash position of INV