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Re: Edge83 post# 342

Monday, 10/02/2017 11:10:23 AM

Monday, October 02, 2017 11:10:23 AM

Post# of 3360
Edge,
I have hard time finding their expected production is 108K which reflects about 8000 oz per month. Is there any presentation I missed.

Are they currently producing this or they are expecting to go that rate next year? If it is next year how many capital investment they need to reach 8000 oz per month.

ASIC $619 is too low ( compare to HMY $1200+ in PNG).

Disclosure : I have purchased this stock last week.Other two gold stock I have is SBGL and EDV.to

If your math is correct we are looking 5x to 10x from current price.


Please do your own due diligence. My post is for information only.