RE:RE:RE:RE:RE:Great DDI wouldn't think that high in the short term. I would peg forward earnings to be in the $5-6 million range for 2021, with investments doing who knows what. Assuming continued low cash burn, I would personally value the company at around $30 million market cap. That's around $0.30/share, which is fifty percent from current levels.
Why I'm invested is the blue sky potential. Big catalysts include:
1) Gold discovery! If any one of the juniors they've invested in found a major gold deposit due to artificial intelligence, it would verify what they are doing and could shoot the stock a lot higher. New Found Gold seems like the likeliest candidate, but they're working on about 10-12 others that may take 2-3 years to play out. It takes time to do what they're doing.
2) Royalties and/or investments on a major gold discovery could be quite valuable.
3) They continue to develop new technology that could add to their product/service offerings.
The company is in the process of upending the mineral exploration business. I'm expecting slow and steady (50% per annum growth) with a good percentage chance of a moonshot at some point.
igold8 wrote: Can you ask the person to refresh the reddit, it was a great read just out of date now? would new price target be like .70-.85 after the record quarter? What is the AI technology worth vs marketcap and current investments and cash and no debt? Good luck!