Minnova is a CVE-listed gold developer that hopes to soon become a gold producer. There are no shortage of promising gold stories with the gold price hovering at around US$2,000/oz, so what sets this one apart? On the face of things, this looks quite conventional. It all hinges on bringing a previously producing gold mine into production. The current 5-year life-of-mine will need extending imminently, otherwise, investors are unlikely to show interest. Glenn is confident this can be achieved, and he is also cheery regarding the abundance of historical, high-grade data at his disposal. The company also has an old processing plant which can be recommissioned for c.$10M, which adds some value to this small story.
Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situations or needs. You should not rely on any advice and / or information contained in this website or via any digital Crux communications. Before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.
Crux Investor does not verify information provided by contributors or video interviewees on this site, and makes no assurance as to the adequacy, completeness or accuracy of any such information. Crux Investor steadfastly disclaims any liability or responsibility for the outcome of any investments made by users of this site or our branded affiliates. Users of this site (and our branded affiliates) should consult with their own financial advisors to assist them in making investment decisions. By accessing this site and our branded affiliates, you agree to the terms of service and privacy policy.