RE: RE: RE: RE: Fundamentals?Interesting, stranger. Many of us have been here for years, and have been screaming about SXL and its prospects for some time. News release after news release has been quite positive (see my last post for some assay highlights), but the stock has never got any recognition. I mean, I even managed to get it mentioned on BNN on the smallcaps show. Doren Quinton from QIS Capital said quite favourable things and...the stock actually dropped!
How many stocks with a $4 million market cap host a NI 43 101 compliant 9 million tonne zinc-lead-silver-rare earth element resource that's amenable to open pit mining with power lines, hydro and a major highway all transecting the property? And mills and seaport nearby. If this property was in some foreign land, people would be clamoring all over it.
Throw in the gold properties, several of which have provided greater than ounce/tonne assays, and the market cap is ridiculously cheap. I examine cos. similar to Paul Van Eden. Compare the properties and the market caps of those companies. Is there another co. out there with this market cap and all mentioned previously? This is all I've found so far. Again $4 million market cap for a co. with a deposit that is worth several hundred million in situ!