RE:It will look much better with $2200 gold before the endexcellent results.. very pleased with the progress and happy that i jumped into JAG when i did.. i thought i was late buying this one just under 40 cents but i am about 50% up on my investment and this looks like will indeed be much higher by year end.
A mkt cap of 700 million CAD is easy with this kind of production and costs. They are making about 80 Million in FCF at this rate annually so are trading about 4 times FCF. At 10 times cash flow should be over $1 CAD.
Gold is at least 100 bucks higher than the avg in Q2 as well so all in all even if gold stays at 1800 this should be trading at least 50% higher by end of Q3 as they will have over 50 Million in cash at this rate by that time..
GLTA!