Gold Bull Resources (TSXV: GBRC) gained by 11.11% today to $0.10 per share.
GBRC's Sandman Project has a Net Present Value (NPV) of US$145 million or 5X higher than its initial CAPEX of US$29 million and this is based on $1,800 per oz gold. When gold hits $2,600 per oz in December, GBRC's Sandman NPV will be US$334 million.
Despite GBRC being up by 150% from NIA's suggestion price of $0.04 per share, GBRC's market cap at $0.10 per share is only US$7.23 million.
Watch where GBRC is trading one month from now!
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