fantastic value at current shareprice. Trouble is managementwants to build an empire, rather than crystallizing the value for shareholders of simply establishing at 500,000 oz a year operation consisting of the marmato- segovia cash cow and using that cash to buy back shares etc. Sure keep the guyana property and if gold is in a new 2000 oz plus envornment and if the ROI can justify it, develope it 5 or so years down the road. In the meantime marmato seg would be throwing off almost as much cash as the current market cap.. Thus if the shaeprice was only double the current shareprice, it would stil make sense to do nothing more than buy your shares back.
instead they yap about turning this into a million an oz company, with each year using up precious high quality reserves of 1 million oz a year to fund G only knows what kind of other cash sucking affair.