PINL:VLTAF - Post by User
Comment by
4x4on Feb 06, 2012 7:47pm
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Post# 19497264
RE: RE: Frustration
RE: RE: Frustration And within the 190-195 milliion market cap is around $47,000,000 in the bank so x out the cash and the company is valued at $150,000,000 with 6 million oz just at Kiaka.....what is the value of their other properties......they have gold discoveries on several of them.....
The market is only valuing Kiaka.....(at $25/oz).....this can't be stressed enough in my opionion......
There may be worry on how to finance mine developmet......there are many ways that don't include dilution or will minimize it.....with these many other properties (Gaoua in particular) which they are continuing to drill could be spun out...(my therory on development) if they are able to do it alone......
More likey they will be goobled by a bigger fish for their flagship Kiaka and the remainder of there properties will be spun out for Volta to continue to explore/develop.....
tick tock......