CFR 0.00% 0.6¢ cluff resources pacific nl

why on earth, page-11

  1. 128 Posts.
    Yes I see, it just doesn't account for the latest $430k.

    What I'm getting at is total capitalisation (value of the company) I've been trying to understand why the market had it valued (until today) down at $12 million?

    I'm reading about:
    new cranking, lean, hungry management
    gold in Madagascar
    gold in Australia
    Massive Gem stones
    Diamonds (though elusive)
    Joint ventures
    Blah blah blah

    and even a tin project in Ardlethan that wasn't quite viable at $4000 per ton, inspected and deemed viable at $18000 per ton but now tins at $31000 per ton!.

    why is that not worth more than $12 million regardless of how many shares are out there?
 
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