valuation, page-4

There will be an announcement in the short term about the drill rigs. I think the fact that the rigs from Uraguay are not being used is definitely priced into the SP by the market. Hopefully, an announcement stating that rigs are in brazil and a contract has been signed (Even with cougar mining) has to be positively received by the market.

If revenue from drilling returns to last year and gold continues then a move into the teens should be sustained, IMO.