LOL Zachary,if Id known we were going to be graded,I would have tried harder.
Apologies,if this has been raised before,should we be listing on the TSX?.
An excert from the Australian dated 26/03/11.(Robin Bromby)]
Valuations are another problem. Take Saracen Mineral Holdings. This company has just produced a first-half profit of $34.6 million, after reviving the Carosue Dam mine in Western Australia, part of the former Sons of Gwalia operations. When the profit was announced, the market yawned. Here is a very profitable gold producer with stock selling at around 76c yesterday and capitalised at just $384m.
If Saracen were listed in Canada instead, its valuation would probably be double that.
Raider
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