SGD is a gold exploration company in the Yukon which is up significantly over the last twelve months by ~126%. The balance sheet is solid with no debt and a total cash balance of $39.9M. The company has land with 30+ primary gold targets in Yukon. Two drill discoveries in SGD's first year displayed unusually high grades and hundreds of instances of visible gold in the drill core. Drill results are also industry leading as SGD has drilled the top 7, and 8 of the top 10, drill holes for potential open pit, bulk tonnage gold projects since 2022. The company's land position in Yukon and drilling results so far are very positive. We think it is an interesting speculative play that also brings appeal as an acquisition target. But, plenty of work needs to be done and money spent. It is a long way from being a mine, but so far, fairly interesting.
5i Research Answer: