You raise a very valid point re: STK's frothy EV ~$60m. Of the...

You raise a very valid point re: STK's frothy EV ~$60m.

Of the 80 gold developers/explorers on my watchlist, there are many with a lower EV than STK. BC8 for example.

Perhaps the market is assigning a premium to the fact STK will not need to tap the market for some time. DEG took about 2 years to get through STK's cash/liquid asset position AFTER the discovery of Hemi. So time and money is on our side here.

On the flip side, sentiment in gold is relatively low from what I see in Twitter; bar the eternal bullish views of gold bugs. As such, I'd expect those needing cash to be trading at a steep discount.

I would not be a buying at 0.076. But I am glad others are willing.