$30m MC for all that??still seems overpriced to me.the V is a...

$30m MC for all that??

still seems overpriced to me.

the V is a stranded asset, it just doesn't stack up as economical, so there won't be any real value in any sale, and that's the biggest asset they have.
don't take my word for it, go back and read the numerous studies that have failed in making it a feasible.

the gold, while there are good hits, they don't seem to be in any hurry to explore it... again, if they put a for sale on it unlikely it'll rake in the millions, still a lot more work to be done on it, and any buyer will price that in.

HPA - nuff said... that was just a waste of time... went absolutely nowhere.

so where is the value in this company??
what keeps MM so blindly in love with this company and its prospects.

i would say that a MC of $10m would be very generous as the sum of those asset sales would struggle to get anywhere near that amount.

this is my opinion, and i'm allowed it... if you don't like it, too bad... it's not advice or a comprehensive assessment... just the musings of an ex holder who keeps an eye on it from time to time.