Tibbs,GUJ is projecting to earn about $300M per year from the 2...

Tibbs,

GUJ is projecting to earn about $300M per year from the 2 mines by 2009 for the next 20 years or so.

With a market cap of half of that, it is definitely UNDERVALUED based on their future earnings potential.

Producing mining companies have a PE ratio of around 15.

As you can see GUJ eventually will be re-rated to correspond with their future earnings and sector PE ratio.

btw, I havent even taken into account their other assets.