OTCQX:MEAUF - Post by User
Post by
frances1on Dec 13, 2020 5:22am
292 Views
Post# 32094917
George Topping IAG target price
George Topping IAG target price quote below is from George Topping IAG (analyst covering ME) This was in September, so If logic follows we have increased the resource by 217% so the share price target sb 76 cents...Plus resource is open in all directions and becoming a Tier 1 project which should increase the multiples.
"Our $0.35/share price target is based on an in-situ multiple (~US$50/oz Au or ~3%
of our long term gold price) on the 1.7Moz Golden Highway resource."