Ann: Significant Increase in Jericho Ore Reserve, page-22

I think it is in a unique position:

1. A low MC.
2. Production. Many at this level are just explorers.
3. A growing and open resource.
4. A tier 1 jurisdiction.
5. Funded from income for exploration.
6. A management team that has expertise in exploration and production. Many don't.
7. A fairly unloved commodity in terms of price, but with good demand from purchasers.

IMO it is substantially undervalued at current levels, by multiples rather than just a bit. Such disconnects tend to not last forever, tending to re-pricing or takeovers.

GLTA.