14 Moz silver JORC resource for £6.8M market cap19 Aug 2020 10:27
Anyone else think this is a massive bargain? Currently we are in the middle of a massive gold and silver bull market with silver currently £20.70 per ounce and yet here is EUZ with a JORC resources of 14 Moz of silver worth £290M plus a large chunk of zinc and lead all for £5M after cash. METS results, licence renewal and more drilling to firm up resource figures offer plenty of near term news flow.
Finding any silver explorer/developer on the LSE is hard enough, in fact I am only aware of this and UFO which is already up over 300% the last few weeks. To have one at offering such incredible value as EUZ is astonishing and I'm more than happy to back up the truck at these levels. STRONG BUY