timeframe to mine, page-3

you have raised one of my great hates of the markets structure which has (unfortunately) developed over the past few years...that being people who are willing to pay absurd premiums for companies a long long way from actually getting anything out of the ground. one classic example is the notorious sdl.

not sure how long until production occurs on this one, but i think it is quite fairly valued (undervalued to some extent) at this point, based on what has been discovered in the ground. one of the reasons i like kal over other similar stocks, is that in-built into the sp, there doesnt exist a ludicrous premium allowing for potential/probable time until cf or production