RE:no one should be ...Stupid, you said fair value makes sense. Well that is exactly what you are gettting here. In the last financial report the mill, drills and associated mining equipment was ony worth $21 million. 2 deposits just went to a watery grave, The Barry open pit is now delayed. They can't find anyone to do the work, the permits are still not approved to expand the mill, The mill upgrade isn't paid for, and the deposits are high cost to produce. You could have 40 million ounces but if you can afford to mine it, it's worthless.
Which is what we are seeing with this latest news release. You can deny it all you want but everyone now knows.
You also better hope the POG stays where it is because if it takes another dip to say $1630 the share price is going to dip into the teens on the US markets and maybe reach single digits. Then it will be Metanor all over again.