RE: New GCE Presentation....GCE is currently trading at 28 times trailing P/E and about 13 times trailing cash flow/share
Production problems exist, costs of production are much higher than what CMK is projecting.
Even at 100 million EBITDA - CMK should be a $5-6 stock
Has anyone been able to view the latest technical report, i can't seem to get in on Sedar. I did read the final prospectus which included the PEA. The projected numbers look great.
I did read over the November 2010 technical report and it did recommend to do a feasibility report, i have not read this report, has one been done? Obviously, mgmt has decided to go ahead with the mine based onthe PEA.