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Guyana Goldstrike Inc V.GYA

Guyana Goldstrike Inc. is a Canadian exploration company focused on acquiring, exploring and developing mineral resource properties. The Company does not have any revenue from its operations.


TSXV:GYA - Post by User

Bullboard Posts
Comment by STOCKRUSon Jul 08, 2018 12:25pm
28 Views
Post# 28285172

RE:GYA.V - Analyst Coverage With A Buy Rating at $0.45

RE:GYA.V - Analyst Coverage With A Buy Rating at $0.45 Guyana Goldstrike has a preliminary resource estimate on one mineralized zone discovered to date on the property. We believe that the preliminary resource estimate is conservative, because it only considers one of the areas within the Marudi Project.

At least 2 additional areas, Marudi North Area and Paunch Area, should be considered in estimating the resources in order to account for potential upside.

Moreover, the 3 potential mineralized areas together account for less than 5% of Guyana Goldstrike’s land package.


In our view, an area of this size requires more than 5% exploration to estimate its resource. Because of the sheer size of the unexplored regions we have, in Table 2, calculated what the value per share of Guyana Goldstrike could be if the resource estimate were to increase by 25%, 50%, 75% and 100% from the current level.

 
Bullboard Posts