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Bullboard - Stock Discussion Forum Reunion Gold Corp V.RGD

Metals & Mining Gold
Reunion Gold Corporation is a Canada-based gold explorer in the Guiana Shield, South America. The Company is primarily engaged in the acquisition, exploration and development of gold mineral properties in the Guiana Shield region in South America. The Company’s flagship project is its 100%-owned Oko West Project located in Guyana. The Company also has an interest in other gold exploration... see more

TSXV:RGD - Post Discussion

Reunion Gold Corp > G Mining Ventures announces acquisition of Reunion Gold
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Post by sdhaka on Apr 24, 2024 6:18pm

G Mining Ventures announces acquisition of Reunion Gold

G Mining Ventures announces acquisition of Reunion Gold (TSXV: RGD) for $800M, a 29% premium over last closing MCAP. 
 
RGD holds a significant gold project in Guyana, boasting 5.9 Moz in resources.
 
Transaction values at $141/oz vs sector avg $48/oz, indicating a 194% premium. Reflects growing interest in juniors with sizable projects. 
 
Examples: Rio2 Limited (TSXV: RIO) and Southern Silver Exploration (TSXV: SSV).
 
Continue reading the full commentary on the resource sector this week: https://www.researchfrc.com/content/analyst-ideas/post/70/rate-cut-forecasts-ma-activity
 
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