Friday, January 2, 2009

Unknown $4 million market cap gold company with a $20-25 million NSR

While we wait for the Forest Oil results, I have put togther a report on a $4 million market cap company with only 15 million shares outstanding that is in the hot junior gold space right now. They have a 1% NSR on a major mining project that will begin production this month. This will generate $20-25 million net profit to this company over the mines 10 year life. This small company is a prime candidate to be purchased by a larger royalty company at a price three times it's current market cap. If anyone is interested in the report, send me an email and I'll send it to you beefore I release it to the public sometime during the middle of next week.

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