RE: RE: 650k ounces of gold in Canada27 Feb 2026 13:39
Current CEO bought shares at 4.125p. Sounds fair to me.
Way I see it is he's effectively done a tidy up job for mistakes of previous management who were responsible for last MRE. No question long term investors have been let down here, I do feel for them, but from a starting position of today with a clean slate, a cast iron minimum of 650k and this extremely low price, it starts to look very different.
The company has $3bn+ worth of gold in the ground and Eric Sprott at a major shareholder. Compare that to some of the names listed on LSE at multiples of this price.