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03/12/09
16:06
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Geko -
With the price of gold as it stands now - Just the proven resources of one tennant 279000 ounces - we are only valuing the gold at AUD $17 an ounce.
I note that gold is now trading at the equivelant of AUD $1330 an ounce.
Quite a variance there IMO
At this point i would not wait till proving 500,000 ounces - Just go straight into production for jeebies sake!!!!
Most undervalued gold stock IMO - If anyone knows of another please let me know
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Thanks
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