RE:RE:RE:RE:Frustrating Share PriceI can not dispute the history of the company as stated in your post. As for the reserves, I've vocally expressed my opinion to the IR person about updating the reserves once a year. That need to update it twice a year and show a 10 year reserve on Costerfield. They have the cash flow to issue reports twice a year.
If this company was to bought out tomorrow, how much is it worth? It's based on the Au reserves and the turn key operations. Mostly the Au reserve. With a Au reserve of 1.2M oz., the company is worth $5.00 CDN per share at 30 cents on the 1 dollar buy out. So, MND is definitely discounted at this buyout price.