Post by
WarrantOfficer on Nov 23, 2020 6:41pm
Zero Volume
COVID hit in March, summertime historically slow for the markets, zero press releases with content to raise awareness, bank balance down to last 15K a while ago, financing coming with a possible share dilution, strategic business plan being remodelled. Iodine properties in limbo, long wait on Health Canada approval, political circus in the USA and Canada COVID cases reaching an all time high. The perfect storm so to speak. In conclusion, currently very little to spark investment interest. .
On a positive note the updated PEA makes the Francis Creek resource worth about 800M. The next few NR will set in motion where the company is heading.
Comment by
postie1 on Nov 24, 2020 4:25pm
Is the inground value not worth more than the share price, much more?
Comment by
WarrantOfficer on Nov 25, 2020 8:26am
A few mining valuation techniques. Mining Valuation Techniques - P/NAV, P/CF, EV/Resource (corporatefinanceinstitute.com) Public sentiment plays a large part also. I sent you a DM postie1..
Comment by
postie1 on Nov 25, 2020 8:23pm
The wait for HCis not helping public sentiment! Replied, hope I was of some help.