Outcrop Gold's share price seems ridiculously cheapSo Outcrop Gold is currently valued at 43 million canadian? This seems absurd when they are consistently drilling gold/silver grades that are superior to any other junior out there. Leaving the drilling to one side, even Outcrop's trenching results would be the envy of most juniors and be a reason to spark a major price rally.
Some comparative examples which illustrate the ridiculousness of Outcrop's valuation: Silver Viper is currently valued at 30 million yet they are coming up with empty drill holes. Vizsla is valued at 147 million with good drill results but which are still inferior to Outcrop's grades.
Which begs the question: why is Outcrop Gold so cheap? I'm open to suggestions from readers but my current conclusion would be: the market isn't efficient after all.