Great BuyThis has to be the perfect Ben Graham value stock.
$11.5 mil in the bank and with 40 mil shares out, that is equal to 28 cents cash in the bank for every share outstanding. On top of that you get all the properties for fee.
That means you buy $1 in the bank for 50 cents.
This company will be able buy some great mine projects at this difficult time in the market.
They may be able to buy some producing mine maybe from Yamana who wants to sell some non core assets.
This is a great buy.