I particularly like Barrick's comments regarding it being an important gold resource and potential for much higher grades.
Have never really looked at these guys much in the past...but a quick read suggests they have been very busy in recent years.
Amazingly, given the work they have done and the time they have been on the boards, there is still a relatively low number of shares on issue...just 66m or so!
At 20c, they will have a market cap of just $13m of which $1.1m is cash...amazing therefore they closed tonight at just 8.2c giving them just a $5.4m market cap?
I will be taking a very close look at these in coming days.
Cheers!
WMG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
