OTCQB:FIOGF - Post by User
Comment by
checkmate28on Jan 07, 2021 11:20am
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Post# 32242074
RE:Frustrating
RE:FrustratingFarmerInvestor My guess is preceived lack of short term growth catalyst that transulate into immediate increased productiuon. Gold Rock is a bit out. For some, 50K oz yearly production is not exciting enough no matter how much they make.
Todays Q&A should give the market a better insite and remind the market that the Fiore EV is near 2.5 x last quarters annualised cash flow.
Also with nearly 4 million ounces of resource between the 3 propertys and $125M EV Fiore is trading at about $30 per Insitu ounce.
By both metrics Fiore is trading at about 1/3 its value
Was stupid cheap last week at 1.40 I added yesterday.