BHT vs CMMCJust to get an idea of where our share price could go there is an example just up the road from BHT near Princeton BC . Copper Mountain , T.CMMC is a company very similar to BHT but with a pile of debt and close to the same # of shares out . They are/were a pretty solid producer and have a lot of fairly low grade ore . We don`t have as much tonnage yet but ours is pretty high grade stuff .
While we bounce around 9 cents , up until March CMMC was around $4 !!! Then they had mill problems and reported bad results . Two months later the s/p was at $2 but is starting to recover .
They are also running up more debt on a big exploration project in Australia .
My point is we have a ridiculous valuation . At Thierry we already have more tonnage at a much better grade then they are likely to outline in Australia and BC and we are still exploring more . We got the project at a fire sale with $200 million already spent and a mill there . Thank you Ian .
Does anybody else see what I see ? With a few breaks and some time , we should be doing better than CMMC if you compare apples to apples . Compare for yourself .