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Acme Gold Company Ltd V.AGE


Primary Symbol: C.AGE

Acme Gold Company Limited is a Canada-based company engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. The Company owns a 100% interest in two contiguous mineral claims covering approximately 3,314 hectares (the Old Fort Property) located in the Babine District of northern British Columbia (BC), 22 kilometers (km) north of the village of Granisle, BC. The Old Fort Property lies about 13 km northwest of the past producing Bell copper mine. It owns the Old Fort Property for its potential to host porphyry copper gold mineralization similar to that seen elsewhere in the Babine District, such as the past producing Bell and Granisle mines, and at the Morrison deposit.


CSE:AGE - Post by User

Bullboard Posts
Comment by oddykogon Feb 05, 2004 11:15am
109 Views
Post# 7006491

RE: re:what's going on...

RE: re:what's going on...I agree that AGE is overvalued if the analysts are right with their estimate of 27 cents/share (US). Then the PE ratio in a bull market at around 40 is just too high. I just don't think that they will earn only 27 cents this year and there will be up-side surprises due to the substantial net-back from other metals coming out of their mine
Bullboard Posts