RE:RE:RE:RE:RE:RE:RE:Extremely undervaluedstockshack wrote: First, they're not a mining company they're a exploration company. Their net worth is in the ground (insitu) not the bottom line.
Yes management's ability to get financing in good terms is important, hence the move to get the sp to double digit.
The last 3 years as you say do not impress you. Is it a turnaround story? The 1m market cap or anything less surly make it a good bet as a PP of 2m to 3m could easily make it so.
I would be surprised if the financing post consolidation is done any higher than a nickel plus a nickel warrant. 50% haircut post consolidation from today. Book it monkeyboi. Gracias. Grinnnn.