Aurvista Gold (AVA-V) currently at 3 million oz gold (all categories) with plan to become next major gold mine in Canada
Link: miningmarketwatch.net
There was a time when Osisko was a penny stock, before it found backers that took it through to fruition (over 10M oz reserves & production at its Canadian Malartic gold mine) and was ultimately bought out for $3.4B. Aurvista is the ultimate way to maximize exposure to precious metals as if gold takes-off the leveraged value of sizeable intrinsic gold in the ground in a safe jurisdiction has the potential to set the share price on fire.
I urge everyone to take the time to get familiar with Aurvista as they have a serious amount of gold, a small market cap, and money in the bank to cover substantial activities thorough to spring-2015 (institutional money or individuals with deep pockets might consider approaching the Company directly about helping to replace the current $2 million in the bank as it gets used). A PEA is expected for Q1-2015; the study will assess economics of mining the high-grade gold resource and low-grade bulk tonnage gold resource. There appears potential for a mining operation starter on high-grade Douay West zone resource (underground or open-pit), spring-boarding to bulk-tonnage (open-pit, super-pit, and underground).
Aurvista Gold Corporation has one of the largest undeveloped gold projects in North America with ~3 million ounces Gold (in all categories) at its Douay Gold Project located along the Casa Berardi Fault, in the prolific Abitibi greenstone belt of northern Quebec. It's Douay Gold Project is comparable in potential to rival nearby Malartic (10.8M oz) gold deposit & Detour Gold (15.6M oz) deposit. AVA.V's management team is executing on a plan to target, generate, and develop 5 to 10 million ounces Gold -- advanced enough to pique the interest of large miners/players.
The (2012) resource estimate at the Douay Gold Project (0.3 g/t cut-off) is:
238,433 oz gold Measured & Indicated (2,689,000 tonnes @ 2.76 g/T)
2,754,554 oz gold Inferred (114,652,000 tonnes @ 0.75 g/T)
The intrinsic value of AVA-V relative to its current market capitalization (~$6 million) appears disproportionate and presents exceptional opportunity for investors establishing a long position; shares of AVA-V are poised for upside revaluation as the inherent value and accomplishments are appreciated by the market, and apt to respond in multiples as gold retrenches and strengthens. |
