One of our Resource Vault companies @WhiteGoldCorp has announced a PEA for its initial asset base.
In $USD, with gold at $3,600 the NPV is $1.4 BILLION. The company's market cap is less than 1/3rd of that.
https://t.co/0zAa7X0WmC
Our take can be read here:
Revival Gold is one of our Resource Vault companies. With a market cap of just $200M they are sitting on roughly $2B in gold. @RealRickRule says they are a prime candidate for a buyout. We agree.
Two days ago I told you gold was breaking out of a SIX-MONTH falling wedge, with an upside target of $7,000 per ounce.
The market didn’t wait around to prove me right.
Gold has ripped from roughly $4,050 on Monday to over $4,350 this morning. That’s a nearly $300 move in less