RE:RE:$800 million CAD Yr in Production Revenues is at handBTW, the market cap of MAE is somewhere in the $20 million CAD range....so, similar to the many many extremely low market caps of of junior explorers, BUT, with a proven high grade open pit mine with significant reserves, just waiting to resume operations, plus all their two processing plants worth many many millions to reproduce in today's environment. AND large exploration land package which has some promise. These are the reasons I bought into MAE when the Memorandum of Understanding was announced last August.
I remember Saun Ryan, the famed prospector, who is a shareholder of NFG saying that the Buea Verde peninsula is very prospective, and if he knew then what he knows now, he would have explored in that area in Newfoundland ( maybe he meant all of NL) rather than the Yukon. But, he had great success in the Yukon, discovering an entire gold district, I understand.