The market has to be insane, MSV just
released financials showing $57 million in cash and GICs, plus gold and silver mining interests valued at $62 million, for total assets of $119 million and no debt to speak of. Yet the shares are trading at a market cap. of about $23 million or 38 cents a share. 38 cents a share for a company with 95 cents per share in cash and GICs, and no debt, clearly insanity reigns in this market.