RE:Value The Markets - ESM
However, with Euro Suns (TSX:ESM, OTCQB:CPNFF) market-cap sitting at just $36.9 million, Rovina Valleys gold is currently valued at only $2-3 an ounce (/oz). Historically, you would expect to see a project of this quality, and at this late stage of development, valued closer to $20/oz valuation. But with the gold price rocketing, something has surely got to give. After all, Rovina Valley is drill-ready with a vast gold resource and is located in one of the worlds safest jurisdictions. In short, this project ticks all the boxes for a significant acquisition. How much longer can Euro Sun (TSX:ESM, OTCQB:CPNFF) trade at such a discount? With increasingly cashed-up gold miners now on the hunt to boost their reserves, the answer is almost certainly not long. Read more at:... https://www.valuethemarkets.com/2020/05/06/euro-sun-minings-rovina-valley-project-an-ideal-takeout-target-in-a-gold-rush-tsxesm-otcqbcpnff/