Whats going on ? Why does the market hate it ? Maybe the market knows stuff I don't. They are about to go in the bottom draw (pulled of my watchlist) and not be looked at for 6 months. The stock is simple frustratiing me.
Market Cap is only 9-10 million.
Walbrook deposit has just be upgraded to 488400 ounces thats about $270 mill in gold. Surely mining costs can't be that much when your only 30 min away from a hungry mill.
They are cashed up, looking for more acquisitions, and they have farmed in two majors too drill bloody good gold and nickel targets.
I recon its worth its market cap on the nickel deal with lion ore and cash iin bank alone.
JAK Price at posting:
0.0¢ Sentiment: None Disclosure: Held
