I don’t see this current valuation lasting much longer. The earnings suggested from the Company Insight interview would give them a P/E of ~3. If costs are kept in check, and even if they creep up a bit as mining deepens still produce a P/E of a company scratching the remnants of a deposit, not one that has a solid 7 years in front of it with a decent exploration program underway…. Any aspiring mid tier producer must have MOY on their radar at this price, maybe the options expiring and official costs announcement they said they’d produce 1Q 13 will be what predators are waiting for…
MOY Price at posting:
61.6¢ Sentiment: Buy Disclosure: Held