Using 2008 as a reference, when comparing to current share price, is fine with me,,, providing you use the right number; the low for 2008 was not $0.35, the low was $0.48.
Let’s not stop with the 2008 to current 2013 share price comparison, let’s also look at the Company resources acknowledged for end-of-1st Quarter, 2008 and 2013. After identifying and quantifying said resources, let’s use ‘street value’ as a common denominator, to give us a better understanding of the Company’s progress, (or lack of same) – Current Inferred Resources shown, but not included in ‘street value’ calculations & cost of extraction, taxes, etc., etc., not addressed.
It's kind of funny and sad at the same time how you grasp for straws. Do you realize how the cost of mining has grown so disproportionately to the price of gold. Do you realize it costs $1200 to mine an ounce in their Argentinian operation? Not that it matters, the money is hostage anyway. Do you realize what a DOG this company is and that your hero is not what you think he is? Obviously not. So you can stick to your time grasping for straws with BS and call it progress. You will just keep hoping and losing. One last thought and the most important. I would like to hear your answer. Do you actually think you know anywhere near what the PEOPLE who MOVE the stock do?
(March 26, 2008 Sedar Filing)
MAGISTRAL MINE UPDATE
Two projects are currently underway at Magistral, the first is designed to expand the known mineralized material of 541,000 ounces of gold (Based on Canadian National Instrument 43-101 Measured and Indicated Resource).
nice work, thanks for all the DD, one other imortant factaor to know is the cost of getting these resources out of the ground. Do you know that cost? I'd like to see the value per share after the liabilities are subtracted.