Just what we need, a few block trades to kick off the action. No doubt these people understand how undervalued the shares currently are. Here's the basic synopsis:
EFG owns 50% of 289,890oz/gold on 43-101; but will be 325,000 soon before production
production will begin this year
no political risk; located in Vald'Or
all we do is ship the ore to 3rd party mill, and voila, we have our asset.
at $900 gold, and with production costs of $450/oz (conservative), the total profit through mine life is $80M +
Only 16M+ shares outstanding; Market Cap of $4M
Doesnt make any sense