From .07 Cents to $3.00 Here's the big question. The Kasala project in the DRC ran to over $3.00 before the litigation process began. We have won all the court cases, including appeals to date, as I understand it. The litigation should be finalized in the first quarter of this year. The Bathurst Zinc project, (50% ELN/50%Votorantim Metals Canada), currently valued well over 3 Billion dollars, as I understand it to be, makes ELN worth a lot more than .07cents. With only 98,985,502 shares oustanding (fully diluted), how can one not see that this company is way, way undervalued?
If and when Kasala is settled 100% in our favor, again sometime in Q1 of this year, a $1.00 or more would not surprise me at all. I noticed that there was one trade of almost half a million shares on Friday, 01 Feb 13. Some one else must feel the same way I do with respect to the major under valuation of this company. IMHO