Looks like T+0 breakout with volume increasing. Once she confirm-clears 4.0 she aint looking back. Looks like the brakes released.
Fundamentally 10 mill bucks market cap for a 1+ mill ozs advanced goldco moving to FS and looking for only abt 70 mill for 100k ozpa "easy" surface production at 400+ cashcosts (base numbers)means ten times upside from here next 12-18 months then poss that again if we get that real gold boom ...... and thats the gold alone.
Exciting developments here and very early stages. u gotta keep referring to their Sep preso ... check out the epithermal play next door as well and them bonanza grades. Guess gotta do the easy stuff firts if u dont have too much cash hey?
If leaders are clever they should be able to privately place at 10c next but I aint holding my breath on that premise.
Anyway low grade easy surface producer should nail the relatively low capex easily enough on a partial forward hedge like CAH in due course so hopefully shouldnt see too much more dilution from here.
Cheeeep cheeeep said the chick haha.
Lets see if she closes on her highs to have a crack at 4+ next (?).
IMBOOC
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