Well going off 2008 your'd be right Ctindale but if say Golds at $2000oz
And your a low cost producer of the likes of CVR who will produce 30-40koz gold equ at a cost of $550per oz with a growing 1.3moz resource base how could you be worth less than current 27mill when in your first year your EBIT will be over 50mill ???(announced. mining start today) then within a couple years than plan to have a second plant up in running producing another 60koz !!
I should sell out an buy want DEBT .... LOL
-there is always going be fool sellers scared to cash from even cashflow monsters during a major sell-off ....
Add to My Watchlist
What is My Watchlist?