GREY:BHNGF - Post by User
Post by
rdwwwon Oct 12, 2007 10:24am
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Post# 13561018
Ur stocks - why is GEM so cheap?
Ur stocks - why is GEM so cheap?https://www.u3o8.biz/s/UraniumStocks.asp?ListSortOrder=Custom50,Title
when you look at this chart and see GEM's mkt cap and lbs vs others , you have to wonder why? A # of the other companies have projects w less lbs and better shr prices. This is low grade BUT as shown in the scoping, totally within the realm of a money making mine even before GEM decides to figure out the value of the REO's and drop the cost per tonne even lower! and only a portion of the Lbs are defined to date
So it has to come down to management ! Mongolia and Labrador w no infrastructure are miles ahead of GEM. Maybe it time for GEM management to take a bow (not another bonus) and bring on some bigger boys to move this fwd to the next stage! Thats what the street is saying it appears by the low SP.