Post by
Nosleep on Jun 15, 2020 2:38pm
been buying in high 30's, added today at .48
had to risk adding a bit at .48, pretty obvious there's some smoke here, so maybe some fire about to occur with a reasonable bid, or possibly a bidding war.
Last week's purchase of the debt by Ghanian entities from sprott was a tell obviously. Cross T's, dot the I's, and lets get the bidding war underway!
Nosleep
Comment by
lumpy13 on Jun 15, 2020 3:48pm
The company has 5.1m ounces of reserves, or around US$30/oz and less than 20% NPV at US1,550 AU. This is a company ripe for the taking, Remember Ashanti Gold (before it was acquired) was a Ghanaian mining company.