Goliath Resources (GOT.V): VRIC Presentation
Goliath Resources Limited (TSX-V: GOT | OTCQB: GOTRF) is an explorer of precious metals projects in the prolific Golden Triangle of northwestern British Columbia and Abitibi Greenstone Belt of Quebec. All of its projects are in world class geological settings and geopolitical safe jurisdictions amenable to mining in Canada.
Goliath Resources Website: https://goliathresourcesltd.com
Goliath is developing into an incredible property and resource. I upped my position this week when price came back down to my average share cost.
I think 2023 season drilling results are going to light a fire on this with the realization of just how large the mineralized resource is.
I saw Crescat Capital put out a slide with estimations of gold equivalent ounces across it’s top positions. They then have a 15X upside projection. I’d like to think that will end up being conservative, given that upside is based off the 1.6sqkm Surebet zone only.
Given another good drilling/exploration season, and if gold prices finally move to a new ATH, this should be an incredible position to hold.
I consider this a no risk company to own. And the share price and it’s market cap aren’t getting any benefit for the what has already been shown let alone what is looking like a multiple on that.