Gold Standard Ventures Corp (GSV) Analysis
SUMMARY
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I have GSV and expect it to continue to increase it's gold resource through drilling. They recently had significantly higher grade drilling results. In general they have <<1g/ton gold. It's pretty low grade (average global mining grade is 1g/ton of ore) but they have a large bulk tonnage of it. The lastest drilling is around 2.5g/ton. If they can continue with drill results like these, they should continue to build out a resource size that is economic to build into a mine. Would love to finally see the end of this cup and handle and beginning of the next large up cycle to take effect. Thanks for the post.
Makes sense. Gold price needs to go lower and miners are correlated to gold...
Thank haejin. Very insightful as usual. If you have a moment, can you have a look at IFC (Intact financial corp) in Canada. Its an interesting chart since the IPO...
I like GoldMoney Inc.