Fiore Gold Ltd. V.ROU

RE:Frustrating

[kooter33]

FarmerInvestor4 wrote: Not sure why this stock cannot gain any traction?  Fundamentally, it is a rock star with business model and how it generates cash flow..... but this does not equate to an increasing share price.

I just don’t get it.

Anyone have any comments or know why this is happening?

Thanks in advance,
FI4

yeah, I agree.  This company is producing 45M oz of Au at a profit.  $0.16.share for last FY.  Market cap is $ 155M CAD.  Company is projecting same # of oz this year as well.  With Au near or at record highs the earning per share should be similar.  A PE ratio of 6.7 is ridiculous.  I bought in seeing these metrics and their potential for expansion in NV/WA.  Just don't understand how this is sitting around $ 1.55/share.  Should be multiples of this.  Anyway, great company.  It should pay off sometime this year.  GL.