GREY:ARGEF - Post by User
Post by
canada7on Jan 04, 2011 11:50am
333 Views
Post# 17922266
Up 22% now
Up 22% nowEven with RGX at $2, people have just given them the value for a grass root project with no survey, no drilling, no metallurgy, no 43-101, no production plan. Other companies with just properties only without any drilling at all, let alone metallurgy, 43-101, scoping study, and production plan command similar valuation as RGX now. But RGX has done all these with Q2 2012 production, and we know the metallurgy study so far "exceeded" the management expectation according to the PR. This stock is so undervalued it is unbelievable. As 43-101 will surely come soon, and metallurgy study will also come (and I know it will "exceeded" expectation using the words from the PR), RGX is going to have even higher valuation from the current price.