Hi shan_e,
I am no geo but will have a go. They have high grade gold at or near the surface (down to 40 metres), this latest of round of drilling shows the high grade going deeper as such increases the economics of a cheaper open cut mine which should theoretically reduce capex and opex. These results may well put tmx on the radar for larger players looking at jv's or acquisitions especially with a mc of 3 mil. Bear in mind they have 2 other projects,
PG
Hi shan_e, I am no geo but will have a go. They have high grade...
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Mkt cap ! $5.298M | |||
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| Price($) | Vol. | No. |
|---|---|---|
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