Selfsell ,its all about what multiples of the earnings the...

Selfsell ,its all about what multiples of the earnings the market is prepared to value the company at .
Sentiment was positive back then ,and it isnt now .
Have a look at AQP ,it was $20 back then ,even though the platinum price is around the same area .AQP is now $5
You cant expect the IGV to be the same now ,because the market is not prepared to pay the same multiples of earnings .NKP is the same ,and they have massively increased resources since .
You can run this same exercise on most other resource stocks .
Many share prices are a fraction of what they were ,and you cant expect the IGV to not drop .