RE: 5 YEARS to mine out the high grade gold at San Too funny.
A stock doesn't go down because it's played but, because its sold.
This stock is where it's at due to the private placement investors selling their 23 million shares over time and institutional investors selling their shares because it is below their minimum price thereshold.
The market doesn't care about the asset value of this company but, what it can produce while showing profitability. Claude has been producing 42k to 52k ozs per year for nearly 20 yrs.
What the market wants to see now is 75k to 100k ozs per year now, not in 5 yrs.
In 5 yrs, the gold bull market will be long over.