The Valuation / Opportunity
- Aurvista currently trading at only ~$13USD/OZ (~$50M MC – CAD)
- Recently completed ~24,000 metres of drilling not included in latest Resource Estimate
- The Company has refined it’s go-forward exploration plans and is preparing for next round of ~30,000 metres this winter, which will include resource extension/expansion drilling and greenfields/discovery drilling
- As awareness increases the Company should see a re-rating based on the current asset and strong team now behind it…not to mention any further drilling success, new discoveries, resource growth or strength in the gold market — any combination of which are very possible in the months ahead
Continue reading “Aurvista Gold (AVA.V) Update”
The Canadian Securities Exchange (“CSE”) is introducing a new index comprised of the securities of the largest companies trading on the exchange.
The CSE25 Index is a subgroup of the CSE Composite Index. The composite index launched in 2015 and includes almost half of the exchange’s listed companies and covers over 75% of the trading activity on the exchange. The new index includes the top twenty-five securities by market capitalization contained in the composite index. These companies account for over 50% of the weighting in the larger index and are typically stocks that attract considerable trading volume.
Read more: http://thecse.com/en/news/canadian-securities-exchange-launches-cse25-index
The BergDex trio are convinced that Noble Mineral Exploration Inc. (NOB.V) has serious blue sky potential.
NOB.V holds 100% interest in Project 81 – a continuous parcel of land (about 70,000 hectares) covering 10 Townships immediately north of the Kidd Creek Mine. Since 1966, over 150 million tons of ore valued at $50 Billion have been extracted from that mine.
Today NOB.V closed the final tranche in a $2M financing.
NOB.V will be drilling known gold and nickel zones and potential base metal targets identified by modern airborne surveys. They think there is a chance of finding another major deposit, as it has been under-explored over the last 50 years (NOB.V purchased the property from a Timber company in 2012).
Continue reading “Is the BergDex Trio Barking up the Right Tree with Noble (NOB.V)?”