Int. Northair (INM.V) shoots to $ 1.00 today, ending at $ 0.80 with a $ 65M market cap (fully diluted).
Their drilling highlights are:
1. 32m @ 132.4 gpt Ag
2. 19.8m @ 87.4 gpt Ag (and 0.305 gpt Au)
3. 80.45m @ 123.5 gpt Ag
4. 48.05m @ 140.6 gpt Ag
5. 39.3m @ 205.3 gpt Ag
Again, compare to FMG results:
1. 37.80m @ 6.51 gpt Au / 678 gpt Ag / 0% Cu (Karen)
2. 33.46m @ 4.27 gpt Au / 395 gpt Ag / 1.24% Cu (Karen)
3. 21.60m @ 4.90 gpt Au / 104 gpt Ag / 0.73% Cu (Karen)
4. 15.70m @ 0.77 gpt Au / 105 gpt Ag / 0% Cu (Diana)
5. 39.00m @ 0.40 gpt Au / 135 gpt Ag / 0% Cu (Diana)
Conclusion:
INM has over 5x maket cap of FMG, some longer intercepts, but no to minor Gold credits and similar Silver credits.
If FMG can show a sizeable resource on their properties, it should be easy to multiply our recent market cap from today´s tiny $ 12M !
FANTOMAS