undervalued?, page-6

Thanks for the comparison MT2. As you said if their market cap is around 600m for 2.2m ounces (at a lower grade/t) therefore for us to get a resource upgrade to 1.1m ounces -comparing should put us at a market cap of 300m or thereabouts... Which to me says this could potentially scoot to $1.50 providing the gold price holds and also the DOW doesn't go belly up on us... What I am trying to say is that I believe this I still good buying as you have stated with your comparison. Onwards & upwards papillion!!! Def some interesting buying occuring at the moment- combination of good marketing by our main man Cambell at INDABA, broker coverage, potentially someone saw visible gold in the assays lol.. All speculation of course but to be honest that big $1 is not to far away... Good luck to all and I really appreciate the informative posts by many