How I see itMy thesis is, they have found gold. That we know.
Now think about the value of the companies and the number of shares outstanding.
How much is the total value and how much gold would warrant that.
Next take TUO foe example, many more properties that are been evaluating and one at least they pay nothing to get the work done.
Now ignore the stock price because the 7 or 8 cents that these guys traded at because it was caused by fear in the financial melt down. That is over and if times were normal these guys would all be over $1 right now. Times are getting
Where does that leave us All In sort of speak.
IMHO is an undervalued stock or stocks that have found gold, likely a lot of gold but no guarantees.
I own as much as I intended to own have paid, the ask in most cases because I think the sellers will be sorry. I have sold to soon more times than I care to think about as well, but not this time.
Here is hoping we set many new 52-week highs and of course that would mean we all make money no matter when we sell.