BSR 0.00% 1.3¢ bassari resources limited

intriguing question pete: ""Gold explorers worth researching...

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    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%
 
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