PDAC 2023 Notes What a great little company. 50M Market Cap My take after a visit to the booth and a talk with Peter Esprig. 750k to $1m per month positive cash flow including the new Osisko tolling deal. 2 other company tolling deals being negociated. Lots of high grade 50k oz Au projects in the area with no where to go.
This company is not going to last long before they get bought out. All they need to do is prove Proof of concept at the Craigmont copper profect and a major is going to come in fast. Along a major highway, connected to a hydro power grid(cheap) , water permits already there.
Low risk and undervalued by any metric. Its only recently they got the permits to toll local Au Ag high grade feed. Going to be easy to monitise this. Then sink the cash into proof of concept for the Craigmont Cu project.
The recently consolidated 10,000-hectare property contains the former Craigmont Mine, which produced 34 million tonnes, grading 1.3% copper between 1961 and 1982 from underground and open pit operations. It ranked as one of North America’s highest grade copper mines and sits next to Techs Highland Valley Copper District.