RE:3 Years ago this was $1.40, now its $7Yes it did have a period of outperformance but that is in the past when they were handcuffed from making silly decisions.
SInce then they diluted their positiion in Marmato with Bluenose paying $20m for a Guistra shell when they could have paid $1m. Then they did two PPs with Sprott when they did not need to which added dilution, he is now selling btw. Then they paid $50m for Juby which the next highest bidder was less than $10m. Then they gave away the upside in their only growth project to Wheaton and the note holders.
What is next?
A lot of damage for one year hence the underperformance and valuation.