I have just bought into this stock after doing my research. I am just wondering if it has been discussed before the reason why the share price is lagging. It looks like the JORC compliant resource is one of the highest I have seen (according to the presentation in the AGM), but the market cap is below a lot of other companies with less.
The resource is in a country with little political risk. there is no particular reason that a mining licence may not be granted in Colorado. The resource is already JORC compliant and there is plenty of it. Looking at other companies this stock should be worth at lease 200million market cap, but is not.
Why????
BLR Price at posting:
4.4¢ Sentiment: Hold Disclosure: Held
