RE:Low Mkt Cap = very undervalued.If what you said Ruxton took place years ago, I would be just as excited as both Marine and you. But success within this asset of some major positives have come and go , high grades have come, increase of reserves, gold prices doubled, management changes and oh yeah lets not forget a white knight of a large group SDG all came and gone and the only effect from all this has been 2.75 cents with a spike to 4.0 cents
You might be correct this price may in fact double upon more news and activities, but this double up numbers you talk about could rest in a range share price of 15 to 30 cents or 20-40 cents. I would be shocked if in 2014 we seen numbers beyond the 40 cent range and thats why I have shorted this on the spikes.
The long players have got whacked hard on this one to date, the short terms have done ok , but with a small window of success, the shorts have done nice on this for a long time.