RE:NR - New Reserve Providing Future Growth
good news but not perfect... recoveries are poor and the NPV not very high... and Alacerowns only 50% of the project... ASR is not the cheapest stock out there... Marcetcap over 1.1 billiojn CAD for only 200000-300000 oz.pa. production (over the next 5 years) ..EDV will produce nearly 900000 oz p.a. in 2 years from now and is worth 2.2 billion CAD .... there are other much cheaper stocks out there