Post by checkmate28on Mar 07, 2025 4:26pm

211 Views
Post# 36484356
Nice volume today finally! PDAC Inspired ?
Nice volume today finally! PDAC Inspired ? I think this volume is from the companys PDAC presentation in Toronto. CEO Ivy did a live presentation and it went very well. She got all the right facts out and the company showed well. A high value drill play, in high grade Ontario gold camp, surrounded closly by producing majors with big foot prints. Additionally current drilling program and higher price of gold could net a new resource update nearing 1 million high grade open pitable oz later this year. Thats a rerating with no dilutive financing needed
At $8 M market cap, with roughly $2.5 million in the bank this is a great deal. 61 M OS , last financing 2 years ago at .30 and they still have the cash from that financing. Basically trading at the 2 year low with POG lifting off. Rob McEwen bought in for near 10% at .30 , more than double todays price while gold was $1000 less