RE: Undervalued? I think so.Extremely undervalued in my opinion.
They've got the ore. They're going to mine it in the spring, will have inventory, will mill it. We're talking cashflow.
Do some due dilly and make a few phone calls. This company should be making significant cashflow ie. wouldn't be surprised to see two bits cashflow annually at conservative gold/silver pricing. Tha't means we're at 2-2.5 times cashflow once it gets going. And it doesn't take much to double the size of the mill and double the cashflow again. Drilling is set to go to add to inventory/reserves. It's all good. You won't see this at this level later this year in my opinion. I see $2.00 on this baby once we're up and running.
Check it out further. A hidden gem that's off the screen right now. So few shares outstanding. Any volume and we'll lift.