GREY:WFEMF - Post by User
Comment by
kilgoron Jan 04, 2013 11:03am
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Post# 20797478
RE: I worry what the bank found?
RE: I worry what the bank found? I am not worried.....
The current stock valuation is based upon the Sangdong mine and not Muguk. It is our hope as investors that Muguk will add to the value of company and will be reflected in the share price. For the past year and a half, junior gold mining companies haven't gotten any respect from the market, and unless Muguk has more than 5 million economical ounces and a better IRR than 13%, I am not giving it much value and not expecting much from it in the future.
Just my opinion of course.