The market had already discounted it. It needed to be put behind. Has no effect on dividend, cash flow, tangible book or future earnings. Not to mention those assets DO have value that is simply not in the balance sheet. So, all upside. New management with a clean slate. Operations are outperforming on earning, revenue and production. Best value in gold by far.
Bought more 4,000 shares now...see you at $20/share which is real value. Think about it, 59 million ounces of gold in the ground, for 9 billion market cap. Works out to $150/oz and that's just the gold ! Value buy here.