NML has projects in that area too , has a lot lower market cap than CHN and also has a Kirkland as a shareholder .Victorian and NSW miners tend to have difficulty in getting permitting .
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NML has projects in that area too , has a lot lower market cap than CHN and also has a Kirkland as a shareholder .Victorian and NSW miners tend to have difficulty in getting permitting .
Another micro-cap Gold/Cu play purchase yesterday was into HMX 10mill Mrktcap HMX has strategic tenement positions in Two World Class
Mining Districts – Mt Isa Mineral Province and the Eastern Goldfields(right beside EAR Gold plant that today ann. looking into strategic investments locally)
Purchased the opts..HMXOD 3c ex price SEPT20 trying to buy more ....
great mgmt - ex. GOR 800mill Mktcap- founder Russel Davis + Ziggy the GEO that discovered Gruyere Gold Project
some great permits and recently signed up some yandel
https://www.chalicegold.com/sites/de...n%20Report.pdf
Valuation:
Chalice represents an inexpensive call option on a major
discovery. With C$20.6M in cash resulting in an EV of only C$12.8M,
the company’s valuation does not reflect the value and upside potential
of its assets. With its strong balance sheet Chalice should be able to
make an initial discovery without further dilution, effectively providing
investors a low-cost call option on a major discovery. This could provide
significant upside for the share price (think 5x to 10x depending on
results). Upcoming Catalysts: 1) Drilling results from Pyramid Hill 2)
Results of comprehensive property wide targeting review at East
Cadillac
https://www.youtube.com/watch?v=Sf5rfnrqnLQ
AMG Big Target Big rewards in the ASX Gold space.... many more anns to come add in record high AUD Gold price 1870+ market fever could well be high
Hope no-one got caught in this disaster, DCN
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I have been out of the gold arena for a long time but am looking to dip my toe back in the water again, based on the following observation from Colin Twiggs - "The latest rally in Gold reinforces my bearish outlook for equities. Gold and Treasuries are rising as investors seek a safe haven from the likely turmoil in equities." Can anyone please suggest what may be worth considering. Do others feel the same way??