RE: Book/share value .52?The market often misprices stocks. Especially juniors.
People are afraid now because they think.
1. The commodity boom is over.
2. The juniors will not be able to raise cash because of the subprime problems.
3. Inflation is not a problem.
4. The US dollar will rebound.
All four are wrong in my opinion.
This is the opportunity to pick up many junior gold stocks cheap.