Ann: Sale of Quebec gold projects for C$12 million plus royalty, page-22

I totally agree Eshmun it is well undervalued in my mind.

Once the O2 transaction goes through it’s close to net asset backed, of course bearing in mind those O2 stocks are likely to increase in value themselves in this market.

On top of that swathes of prime land in arguably the hottest gold region on the plant, a top class management team with a long track record of delivering real returns for shareholders.

Complete no brainer at 14c with limited downside risk
for quite a while (only coming into play if exploration pulls up a dud) and complete blue sky upside if they strike gold.