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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: jackjc who wrote (4744)1/15/2006 1:16:11 PM
From: karead  Respond to of 78416
 
Well what keeps getting me is that they have a modern $50M mill and processing facility on site. This asset is nowhere figured into the valuation. There are lots of other juniors around with proven reserves, but they still need a way to get the gold out of the ground, right? Strictly from a valuation perspective I'd like somebody to point me to a more compelling story. If you can, I'll buy some!