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AndrewDiceClay

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AndrewDiceClay

Re: MaxH post# 13534

Monday, 04/17/2023 6:54:35 PM

Monday, April 17, 2023 6:54:35 PM

Post# of 17507
$6 is a real interesting number, just by comparison to other miners. I think that puts them at ~$350m market cap right? $350m in gold is 170,000 ounces @$2k gold. More is involved, costs, debt, etc., but just in the broadest sense, taking all their press releases and what not at face value, they're at 125k. Its just not 125k "Proven" yet.

75k Brazil (75%) inferred
12k Atlin + 39k Moosehorn ... proven/probable
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