numbers At the end of q4 they had :
54.3 million in working capital,
59.8 million in cash and equvalents
212,476 oz's of proven and probable
1,856,560 oz's of measured and indicated
1,854,332 oz's of infered resources
On top of that they announced 508,000 oz's of inferred resources 10 days ago.
The market cap is 97 million.
If we take away 60 million in cash, 54 million in working capital, we come up already with negative 17 million. If someone takes this one out today for this share price he would have 17 million today plus all the free gold there is.
Wonder is someone is eying this one to get it for free or what is going on. My bet is that the new management is having some suspicious agenda to just enreach themselves while being a part of bigger company in a not to distant future.
Very interested in the opinion of others.