!!! who cares about todays closing price This company is incredibly cheap at $13 mill market cap they have 4 million cash oooooddles of good ground
Just a quick calc on todays ore body assumeing it is a short strike length shoot.
50m (width) x 100m (strike) x 500m (down dip) x 3.5 SG
= 8.75 million tonnes @ anywhere north of 3% copper with silver and 0.5g/t gold your looking at $1/2 billion to $1 billion plus orebody gross value.
And this thing is only given a value of 9 million by the market.
This is the best bargain around. This has got a long way to go....
Don't care about close today but this is headed norther of $1 quick time which would only give a mkt cap of $35 -$45 mill
Compare this little sucker to the likes of AVO (mkt cap $40 million) who might be onto 500,000 ounces.
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