PINL:VLTAF - Post by User
Post by
ALLEN4on Jul 12, 2013 12:51pm
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Post# 21604645
Market Cap is now 20 million
Market Cap is now 20 millionWith ten million in the bank this means market gives all our properties and projects a collective value of just ten million. Amazing, considering we have a NPV of 550 million on Kiaka alone with POG at $1,375.00. This is a wonderful value investment now for anyone who has any confidence in the price of gold.
I am noticing that the volume today is not excessive given the importance of the news release. In other words, I do not believe that there has been a decisive denounciation of the new approach. Rather, not many are excited about it one way or another, and I suppose most would have considered the news already assumed before it was formally announced. But I agree with Explorer14, that the change will come when POG turns up and that this will happen soon. At that point we can get back on track with large scale development of Kiaka.