Have any of you guys looked at Guyana Gold. TSX listed with 7 mill oz's .. Large resource upgrade coming at the end of August . Cad mkt cap around $550 mill. With 50 mill in the bank. Looks like very cheap oz's .. I would have thought we would need to get near 1 mill oz resource to justify our share price. Hold plenty but stumbled upon this 1 on the TSX and made me wonder about our valuation . Realising our resource will continue to grow. Has anyone asked the company why we are not drilling to depth. A few holes could certainly spark up investors appetite to a much larger resource.
AZH Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held