RE: RE: RE: RE: Hey Golddiggers1 I've seen lots of huge disconnects in the market between company value and market value, but honestly, I've never seen something quite like this. Usually when the market gets really down on a company its in the context of an overall collapse of the market or sector (2008) or because of some really bad company news (out of cash, didn't get a drug approval, government nationalized their resource, etc...) but I've never seen a company get so badly sold with
- a large (especially for a junior mining co) analyst following saying its worth 5 - 8 times current market price
- lots of cash
- a proven resource, and in a sector finally attracting positive attention and investment
-significant (52%) institutional investment
But that said, the chart is (to me) screaming a big risk of much lower prices ahead - like .40s or .30s. Baffling.