gold stocks ev comparison, page-15

Considering the expected profit this year, it does look undervalued, however I'm just having a read of the investor presentation, and notice that in 2011 the company plans on producing 125,000 and in 2016 will be producing 275,000 judging from the projection graphs on page 25.

Over 5 years that doesn't seem like as much growth as I'd expect from a small-medium cap gold company.

Some feedback from these thoughts would be great,

cheers.