The stock price makes no sence!!!!!The market cap is 68MM$ CAD = 1 Time Book Value
The company has no debt and 24MM$ Cad of Working Cap
So the operation/ It's business is valued at 44MM$ CAD
The Business / Operation will do 11M$ Cad in profits this year 4 Times P/E
This Business / Operation will generate 14MM$ Cad in Cashflows 3.15 Times P/cashflow
All these metrics are 2 to 10 times better than the major producers!!!!
And the Blue Sky from here:
Production keeps increasing
Exploration on 100% owned high grade property ongoing
Plans to build another mill in Latin America to replicate its winning formula
Upcoming Inflation driven by oil prices will lift Gold past yearly high by the 4th quarter
Eric