Replies to post #32132 on Value Microcaps Junior Miners

[dr_airtime]

EDV.TO - 3rd best today

HWY and DRD Gold - both in South Africa, are in incredible rallies as Rand depreciates. At some point there should be big correction on both which should be a buying opp (maybe starts tomorrow).

EDV 3rd best performing equity today after these two. From Kitco:



Sold a lot at $8.00 a few weeks ago which seemed brilliant at short term top and correction to $7.00 but who say today's jump come?



Bob - don't forget about EDV's debt so you need to use Enterprise Value to compare to other producers!

[checkmate28]

EDV.To Great day. Happy for you guys. I own a small amount and was on my short list to add. Instead I added AR.t Argonot Gold at .80 (now 1.02) up 25% since I posted as cheap on the 14th 12 days ago. I updated my EDV notes on the 16th

AR.t still trading at EV near $110 M and guiding for 140 K production this year. Comparing the two proportionately with these 2 metrics, they are close.

AR has a jurisdiction advantage but EDV is a CF machine with lower costs.

I think both these companies are leveraged to the POG nicely going forward

If Argonot gets funding for Magino, PEA says they will add 300k yearly ounces at $640 AISC with $1200 gold