RE:RE:Scotia says this as way undervalued
It's not too difficult to suggest a stock is undervalued simply by comparing it's bv to it's current share price. So Scotia isn't really helping you much by pointing out the obvious. This is a very small exploration company with a few people in the field mapping out potential gold sites. You will notice the time between posts. It brings out the "pumpers" trying to entice the gamblers. You never see anything useful from those guys. The last time results were released in April, they found a couple of very nice "one off" core samples of 50+ g/t. Last week they announced a 40+ g/t core sample which is very nice except all the other samples brought the average down to just over 3 g/t which isn't worth mining. That isn't to say they won't find good gold. Just that you need to see a higher average over the entire sample before getting excited. Sorry some got in early. At .04 per share and management at least making an effort to keep investors informed, it could be a cheap gamble worth taking.