RE: Rocketship on the launch pad...
The bottom line is that if this company is making 100M per year it would be highly unlikely it would trade at a 2.8X multiple considering it has up to 20M ozs in the ground. I agree with The Curse that all junior golds are not on the "hit list" of stocks which makes the waiting somewhat unbearable. As an owner of near 5M shares I would definitely consider buying more as I know any major/internediate would offer $3 per share. But if I was Benoit I would hold off and prove that this company is worth much more, which it is. Gold could easily take a run up to 1500 with world inflation about to explode. This undoubtedly the most undervalued stock of the TSX 300. When will it move? Who knows! And to watch and worry daily is a fools game- this company is doing everything right and will be rewarded. It is just a matter of time. Remember that stock you sold just before it flew? That could easily be SEMAFO