Gold explorer market cap 60m but Chimo mine value is 300m. Plus they have lots more. Potentially value
Comment:
Sorry I have no idea where these trend lines ended up. Please refer to the previous Cartier post to see how it is bouncing off the bottom trend line. I knew I shouldn't have published this from my phone.
Comment:
They came out with new resource estimate for Chimo Mine about 2 million ounces which puts the value at 200M to 300M Canadian. Market cap about 70M now with today's pump.
ressourcescartier.co...1358000-oz-inferred/
ressourcescartier.co...1358000-oz-inferred/
Comment:
Good presentation from January. Check the 8 minute mark for a previous valuation estimate using 1.2M ounces.
ressourcescartier.co...ference-presentation
ressourcescartier.co...ference-presentation