Tibbs,
GUJ is projecting to earn about $300M per year from the 2 mines by 2009 for the next 20 years or so.
With a market cap of half of that, it is definitely UNDERVALUED based on their future earnings potential.
Producing mining companies have a PE ratio of around 15.
As you can see GUJ eventually will be re-rated to correspond with their future earnings and sector PE ratio.
btw, I havent even taken into account their other assets.
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