$11.6m in assets or equivalent share price of 10c, add in cash and the share price should be 14c. Yet here we sit at around cash backing, valued at a shell.
When are they finally going to compile the resource data so they can give an indication of the total resource so far? This would give a far better indication of valuation, and future possibility of mining or getting deals done. Very slow on the news front.
GED Price at posting:
4.6¢ Sentiment: Hold Disclosure: Held
