Post by
nozzpack on Feb 27, 2024 7:13pm
Murchison……Nearly 1 million Ounces
407,000 ounces for Turnakura, 381,000 ounces for Burnakura and 153,000 ounces for Gabanintha.
Combined nearly 1 million ounces plus upside once the 43-101 Resource estimates are updated for recent drillng .
Burnakura also has a fully equipped 110 man mining camp and a 269,000 tpa mill.
All of this represented just by the $17 million market cap of ODY for 80% of Turnakura despite POG being sustained above $2000 US and all central banks buying gold.
Held back by the US Federal Reserve shorting of gold in order to make their $1.6 Trillon in UST Bonds look attractive to investors ..........
Value always emerges .
It will be the case here too....