Dear subscriber,
It seems there is more gold at depth, as Omai Gold Mines is drilling Wenot in various ways. A total resource of 4Moz Au only seems a matter of time, and a PEA indicating likely pretty positive economics is planned for Q2 2024. With an EV/oz ratio below 5 this is one of the most undervalued and likely economic projects I know, and Guyana isn't too bad for mining either with supportive government and players like G2 Goldfields, Reunion and former GoldX with Toroparu. Read more about it here:
Omai Gold Mines Finds Increasing Grades At Depth, Intercepts 7.9m @ 12.7g/t Au At Wenot
Regards,
The Critical Investor