Way undervaluedGold stocks didn't go up with gold earlier this year.. Especially the juniors, they almost all got relentlessly pounded by that 1000 pounds gorrila. If gold is to reverse and hit 1400oz.. a stock like first mining gold would skyrocket..I guess it could easily go to 1.30-1.50.. But in the meantime stock price could go below 0.40, could just stay where it is now or could start to rally for no reason.. It is extemely rare to find a stock like this one (mineral bank), they don't mine it yet and It's not before many years.. They can extend this for many years without bleeding cash.. All cash spent is to improve the properties.. I prefer this than a negative cash flow miner or a breakeven miner that cannot explore because it would go bankrupt and then the mine is empty and investors didn't make any money... The day first mining gold will soar is when gold will soar.. So there is lots of chance the day ff start mining it will be profitable for many years.. Instead of being eviscerated since 2013