Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Mario :-) who wrote (37290)	3/29/2007 7:55:16 PM
From: TrueScouse	Read Replies (5) of 78418

Mario: It's good to see MVG making a move. But I still think it's very much undervalued. I can't find it on the MVG website but at the PDAC they handed out a sheet comparing the value of about 30 non-producing gold companies -- "Explorers with Resources". The key figure was a calculation of "Adjusted Market Cap per Measured & Indicated Oz". It's true that MVG's resources may only be marginably economic at this POG. But incredibly (IMO), as of Feb 14th, the AMC/oz for MVG was only $9, compared to (for example) $120/oz for Cumberland, $141/oz for EPM, $66/oz for Gabriel, $73/per oz for Anatolia, $614/oz for MFL (!), etc., etc. And with MVG's ounces being in Nevada, there's very low country-risk too. With over 6 million oz, I'll be very surprised if MVG doesn't get taken over at a multiple of its current price. As always, do your own DD. :^) Best regards, Howy

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