RE: RE: Cash on the BooksHBM probably has close to 700 million in cash and ZERO debt.
777 alone as an asset would have to valued at least 2 billion.
add to that the prospects of the multi-billion dollar Lalor Ore body, Constancia, Back Forty, Jason, Reed and you could see that the in ground ORE assets of HBM could easily = in the neighbourhood of 15 Billion.....
This could easily be a 30$, $40, or even a $50 stock in 4-5 years time.....when Lalor starts producing Gold, and Constancia comes on line.....ESPECIALLY if Copper stays above $3 and Gold above $1500.....
Great buying opp....and GREAT leadership with Garofalo........