Coral Gold -strong balance sheet, low market cap
Coral Gold Resouces is operating in one of the world’s richest gold districts.
The company has an uncapped sliding scale royalty with Nevada Gold Mines. In addition to that, they also have three highly prospective projects nearby. Overall, they have a strong balance sheet and low market cap.
The Roberston Project
The 2017 sale of Robertson to Nevada Gold Mines included a sliding scale of 1 percent to 2.25 percent net smelter returns royalty, payable quarterly, subject to potential advance royalty payments, as well as the right of the first refusal enabling
The Robertson Project has begun pre-feasibility and permitting it into production.
More about Coral
Coral is a successful precious metals company operating in Nevada.
The company’s vision is to generate long-term wealth for shareholders through revenue at the Robertson Project. In addition, they want to empower future generations by applying their diversified approach to growth while maintaining their core values at tall times.
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