Everything is down today
The entire junior mining sector is deep in the doldrums, and even more so with the general markets selling off. Had this news come out a month ago, we'd be at Can$2/share on this company almost instantaneously with this announcement. As was said earlier, don't confuse price with value. The market is pricing 10MM+ gold equivalent ounces ~Can$5/oz, with the Stanija prospect thrown in for shits and giggles. Anyone know of anything more undervalued than that in an era where almost everything else remains severely overvalued? Pray tell, if you do.