This article is about Guyana Goldfields (OTCPK:GUYFF). Guyana Goldfields has a market capitalization of $204 million, or $215 million fully diluted. It owns two projects in Guyana: the Aurora Gold Project, and the Aranka Project.
The Aurora Gold Project is currently in the development stage. It contains an estimated 8.5 million ounces of high grade gold, and the company expects to bring it into production by the beginning of 2015 at over 100,000 ounces per year. This figure is expected to exceed 300,000 ounces per year at the peak of the mine's life.
The company is advanced in getting the Aurora Gold Project into production. It has already obtained permitting from Guyana's government, and it has $123 million...
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