Post by
Itsagusher on Mar 15, 2016 3:41pm
Valuation
The company now has a first class exploration prospect in Russia, the possibility of receiving several million dollars in compensation for the termination of the Slovakian licenses, and has secured funding of $2m for its new venture yet the market cap is still under $1m. This will re rate much higher once a broker note has been issued yet I see that someone has just sold for 1.5 cents!!
These are an absolute bargain at this level in my opinion.
Comment by
Itsagusher on Mar 15, 2016 4:36pm
Thanks popol trader. More selling into the close. I can only think that some people have been locked in here for a long time and really needed the money. It will come back up though as the company is now in a much better porisition than when the shares went into suspension.
Comment by
popoltrader on Mar 15, 2016 4:55pm
Yes a very Little selling at $0.01 at the close. The Bid at $ 0.015. More accumulation today. 77 trade very nice, 2 180 963 share traded today 31430$ average price $ 0.0144. The share change the hand for the strong hand. Up Up Up again tommorow. Only 1 124 000 share between $0.02 at $ 0.04. Good luck to all.