RE:RE:RE:is$2.50 fair value? What makes us worth $400 million?
pumpers like you do more harm than good on a message board. We maybe profit $2-4 million a year depending on the gold price. Do we have 200 years of reserves I don't know about?!?! Let's be realistic; no one is buying this mine unless the resources are dramatically expanded. The acquired property was valued at an astronomical amount, but only at much higher metal prices.
Sadly, you'll take my comments as bashing, but maybe use Maurizon's numbers instead. Any company to pay more than 50-70 cents right now would have shareholders revolt. However, metal prices could go up and our option on Moly that we just purchased could make us rich. No one in their right mind will buy a small mine with 2 years of proven resources but it's ok. We have good cash flow to help us diversify for better times.