Market recognition
posted on
Apr 12, 2011 05:50AM
I think that the market gains confidence again. Slowly but steadily, which is no surprise after a long phase of under-delivery and over-promising. So we should see a fairly steady price increase until we reach the "fair market value" for a 2M oz. + deposit. Whatever that will be, but certainly higher than $ 0.65.
Just crazy, if you compare this to some Yukon properties where you will get a 200M market cap just because the Prospector of the Year, Mr. Ryan, has staked your property (no drilling, no ounces).
And here you get 2M oz. + for less than half the price.
Crazy.
FANTOMAS