InvestorsHub Logo
Followers 40
Posts 1627
Boards Moderated 0
Alias Born 01/21/2005

Re: dr_airtime post# 26917

Thursday, 01/05/2012 5:30:55 AM

Thursday, January 05, 2012 5:30:55 AM

Post# of 35745
Thanks for sharing your ideas. I have spent some time in looking into them, feel very interesting and will put them on my watch list.

Compared to MMY.to, BZA.to and GGN.to has comparable market capitalization, but their production cash cost seems significantly higher; they have more uncertainty with much less cash. Besides, MMY.v is in the process to increase significantly its annual gold production from its producing mine, and the Company is targeting production of up to 55,000 ounces of gold for the fiscal year ending June 30, 2012, and more to come in 2013.

OCO.V seems attractive with quite low market capitalization. But it may be riskier, as it has little cash with more debt, requires more equity funding to dilute, and it requires more time to develop into gold producing stage which means more uncertainty.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.