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geodan

09/16/16 5:11 PM

#54 RE: MRDALE #53

Not much of one. https://ca.finance.yahoo.com/q/ks?s=MXSG shows no rev yet, $40 mill mkt cap. It sounds like they are going into production. Seeking Alpha has no comments/articles at all on it. Unless it is going to generate $4 million profit per year may be overpriced. CLGRF was 20 years in production, a 50,000oz producer and had $20 million market cap for reference.

BTW Teranga rebounded I see. Today it went into Index, likley the gyrations were related to that.