Interested to see out next financial statementWith all that debt completly whiped out we should be in great condition.
Internal mining should reduce our cost allowing us for greater cashflow.
I wouldnt be surprised if we get some news on new exploration projects.
Dont forget that financial statements are in usd when doing calculations thats another 30% more in cad.
Canadian instrinsisc value is about $262,911,300 (roughly $0.05/share)
This is where we should realisticaly be trading at now thats about 50% highier from where we are currently sitting.
This is not taking into consideration future revenues or expansions just a solid foundation for where I fairly estimate we should be at.
Once we get update we can look deeper into our growth and share holder value. The good thing is that we are also in low gold price enviroment with talks of nuclear arsenals and many countries not able to pay their USD debt we should see a rise in gold prices. We are front running the fed a little. Newly elected US president is isolating the US which is bad for business and economically suicide. Its only a matter of time before something breaks down or breaks up and gold will be back at 2k. We will surely be cash flow positive and massivly in the money.
Hope you all had a good christmas and let it be a prosperious new year for us.