Hey everyone,
I'm new to the name and would love to get some help to kick start my due diligence.
I'm generally a deep value investor of companies with recurrent free cash flow, but am recently expanding my portfolio to precious metals companies (Helicopter Ben strikes fear in my heart and I'm trying to hedge against massive inflation)... so my knowledge of mining companies can be categorized as primative.
I like GNH because it is located in Canada and has open pit mining potential and conservative, cost conscious management. I see that there are lots of people bullish on GNH at way higher prices, despite the fact that there's no 43-101 or production. My question: How are you guys valuing a company like GNH? If there's a link to a previous post setting out, in detail, why GNH is a good investment, I would really appreciate it if someone can post that link. Hopefully, the analysis will contain very conservative estimates, because as far as I know, sh!t always happens in mining.
Also, at the current cash burn rate, how long will it take before management needs to come to the market to raise capital?
Thanks,
Uall