Baby Gold Thread < $15m Cap, page-88

Hey it looks like There is a committed seller atm
Frustrating but until it stops or news there isn't much to push it up
Will also attract tax loss selling

Don't look at share price to value a company. Look at Enterprise Value, E.V. Which is the value of the shares + debt minus cash.
Or also market cap the $ value of shares
But you're right E.V. Here is is very cheap

They also have about $6m debt, but being paid down

Also mine life is uncertain, needs to be lengthened out through exploration

Much cheaper I'll buy more
Cheers