just have a look at the valuations that previous explorers got taken out for: a billion here, a billion there. and players like barrick will know what we have when the results are announced. if results are good, this project will be bought up and pronto!
Surface sampling looks great and the concession is undrilled. i can easily see another riversdale here, where we come in, drill those big anomalies, hit a wide intersection of gold and become the next sirius or syrah
25% of a billion dollars sounds like a nice target to aim for! Its only 50x the current market cap!
also like the expenditure numbers and the cap raise at a premium (although i guess that's yet to be confirmed)
a wise and timely move. Trump's policies are inflationary. I'm glad they picked up a gold project instead of more O&G, which will stay dead for a long time.
BDM Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held
