Post by
OneDayRodders on Sep 06, 2023 3:22pm
Whilst to 500 lot spoofing trades are undeniable ...
As someone mentioned here recently ... we do fit the the "Orphan" stage of the Lassonde Curve where the Discovery excitement has long lost it's 'mojo' as far as the market is considered.
Continuing to dig and report high grade assays is no longer enough.
https://www.smallcapinvestor.ca/post/the-lassonde-curve-understanding-the-mining-life-cycle
That said the discount to assets valuation
I agree the only way out of this is a JV with a major or an early bid. But we need Gold well through $2000 for that to happen in my opinion.
Comment by
OneDayRodders on Sep 06, 2023 3:25pm
meant to say .... "That said the discount to assets valuation is huge at these levels"
Comment by
pepperino on Sep 06, 2023 3:58pm
I agree with you OneDayRodders. And it was me who referenced the Lassonde curve. I also agree this level of share price defies logic. But, the market is very broken right now for juniors. I guess speculators like to put their money in crypto currencies.
Comment by
Currower on Sep 06, 2023 3:54pm
I disagree. The market cap of this company should be 700 million now. This is all about brokerage manipulation professional bashing and bad management decisions.