re: gyno cology ....wiooi
agreed wiooi - this is not CDU - it is an easy to mine deposit that GYN can turn into cash very quickly.
They are currently worth only $15mn - the deposit is worth around $40mn - if it is mined quicklyn then the cashflow from the deposit will come through during next year.
So it all makes them worth much more than $15mn - more like $30mn at least - which will double the SP from its current level.
More like a very profitable smash and grab raid from GYN then another Ernst henry.... still makes GYN grossly undervalued. at 49c
Plus the shares are very tightly held so it doesn't take much turnover in the stock to dramatically move the SP.
Thats why I hold.
EB
GYN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
