Ramp Metals stock surges on Sprott backing for Saskatchewan project
Ramp compares its project with the eye structure of the Nova-Bollinger nickel-copper mine in Western Australia.
In a recent National Post article about gold’s rising price versus the languishing prices of gold equities, Mining Reporter Peter Koven quoted Peter Marrone as saying, “. . .people rely on net asset value to value gold companies, and the calculations don’t seem to rise so dramatically because the long-term gold price used by analysts is at a deep discount to the current price. . .there’s a tendency to say, ‘I’m not taking advantage of the equities because they’re not reflecting the current gold price.'” As an analyst, what’s your view?
