In a nut shell...Hi all,
Here is some info that may help to convince the ones that still need convincing.
I actually found an interesting undervalued company that showed very very high grade gold assays results with low dilution (only 47 millions shares out fully diluted) with a market cap of 4.47 million. The company is in a politicaly stable country (BC, Canada), has no debt,
trades at only 0.095$ (from 0.04$ in mid-feb 2010) and has a book value per share of 0.20$. What more could you want. Oups I forgot tto mention that it has a total of 2 joint ventures with capital corporations that will be gaining rights % as they help in advancing the exploration of the property in 2010+, thus bringing more wealth to this company. And lastly, the well known
Kinross Goldhas invested in this company by purchasing 2,000,000 shares through a private placement in August 2009. If Kinross Gold is involved, say no more... They also have a very solid management team and their CFO is a Director at Pediment Gold Corp.
The company is: BCGold Corporation (V.BCG) -
https://www.bcgoldcorp.com/main/
Just check this, March 3rd 2010, press release and you will understand he value of one of their claims -
https://www.bcgoldcorp.com/main/?newsReleases&73
GLTA and I hope that you will benefit from this one.
Alucky_one
As always do your own DD.