It really makes you laugh like look at bold ventures for example trades at 4 times book ball park. We are trading at less then 1 times. Do you think the 60 million offloading of shares affected share price??? Let's see maybe yes!!! Ha ha.
4 times book would be about 20 cents a share!!!! What does Bold ventures have compared to us??? A lot less. We have value written into so many different levels: mineral leases, railway, patents, causeway, gravel sales for road (maybe but not certain on fords road construction!!!). There are also intangible assets like tax write offs associated to exploration and R and D, good will with key players etc. etc.
Too much to list!!!
good luck to all and do your own due diligence.
oil investor