Painfully stagnant valuationI purchased stock at the beginning of 2018 when the shares were trading at $0.60, on the day of my purchase gold was at $1350/oz. Fast forward to more than four years later. My investment has decreased by 50% while the price of gold has increased by 45%. For some reason, this land bank looked twice as attractive at a gold valuation close to half of what it is today. This is an excellent example of how no matter how right you are, you can still be completely wrong. You would think that, at the VERY LEAST, this investment would have stayed neutral given that the analysis is unchanged and indicates enormous resource that can be produced in the neighborhood of $700/oz. If valuations are traditionally called forward-looking, and the ounces in the ground are still intact with a sizeable increase in the price of the commodity, then FF goes to show you how the markets can have virtually no basis in reality. I find it frustrating and extremely disappointing.