Some low volume trades holding 1.3 cents ..... you know, just imagine .... the company expects to make around $12million clean profit from it's gold this year .... the PE ratio currently is around 1:1 .... you'd get a dividend equivalent to the value of a share!
Imagine you buy $10k of shares, hold and recieve $10k of dividend ..... crazy but if it stays this low that's what might happen .... most other miners are up around 15:1 PE, even a hopeless 5:1 PE means this stock should be around 5 cents ..... when the market wakes up it's going to rocket off
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- Gold hits US$1318 / A$1687
Gold hits US$1318 / A$1687, page-5
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