We have a quality gold play which is easy to mine and define with low to very low expected capex/opex....Nicely placed to grow as well. This is a very undervalued quality play imo.
FWIW my valuation for Haiti is $150-200 mill at AISC of $800-900 per oz.
With the recent novo news putting the spooks into wits hopefuls (many are over thinking it imo but market will do what is does), punters may just jump off conglom gold plays and look for somewhere more "traditional" to plant their capital....more upside for us maybe....I know i'll be considering some capital shifting come Monday. Doubt i'll be the only one.
DDD Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held