intriguing question pete:
""Gold explorers worth researching with high grade and a good size resource/t ""
Is International Gold :IGS with an effective 93% interest in a 690000 ounze resource in Brazil grading at 2.5g/t worth researching?
IGS market cap is $700K and you can buy 17 million today at $0.001
Maybe a Canadian explorer is more your cup of tea ?
Marathon Gold MOZ on TSX is valued at $21m CDN . It has a resource of 800,000+ ounzes grading at 2.0+g/t
My point??
Yours is a highly subjective question(( what is high grade?, what is a good sized resource ?, what is worth reseraching? )) in a sector with a host of possible candidates.
maybe the better question is what gold projects can be commenced with a capex that is lower than the market cap of the host company and with an IRR exceeding ( say) : 20%
BSR Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held