RE:book valuenet asset value is the real measure used in the research side and as pointed out in the January 18th upgrade we are now at this price trading at a .42 times net asset value vs the peers which are trading at .89 times - ................................... this is less than half the peer group and we are back operating............ it will take time but I think we will re-rate bak to above $15 when the pp overhang ends.
puma1 wrote:
we are back to an operating mine with a book value, based on the September statements, of almost $CDN 11 per share....................... so we are trading at under 1.2 times book........... undervalued ...................