re: rough valuation This company is a junior explorer with several interests.
Current MC = $11 million.
Valuation of gold at Melrose Project = >$200 million
Valuation of U assets - around $190 million
+ Nickel - unknown
+ more gold
+ more uranium at Throssel???
So essentially you have well in excess of $400 million dollars of resource in the ground.
Of course the quality of the resources remains to be further defined, and exactly how much is not known.
Also management quality for me is unknown.
But in any case this company has a lot going for it...
DYOR...
great article in resourcestocks, page-9
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