RE: RE: RE: Pigs at the trough
"Iam not a professional but Newbie is right in a sense;
Share price still at only 1 x future revenues enventhough gold has move up 45 dollars for the past week;
This is very depressing to see shares moving only at 1 x future revenues; when its peers are price at 30 x revenues
generally and 10 x net earnings.
Why Orvana should be price at 1 x and AEM at 100 x revenues.
This make no sense.
Too much undervalued for a company which should be making as much as its entire maket cap in revenues in
2012."
Sure it makes sense. The market is not perfectly efficient at every point in time. The markets are too large, to many players, to many variables, and inefficient informaiton distribution for every stock to be trading at comparable values. This is why deals can be found and money made. Orvana is one of the best deals around.