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Re: woofers post# 574

Monday, 07/28/2014 2:09:29 PM

Monday, July 28, 2014 2:09:29 PM

Post# of 1752
If they got a capital partner already, my guess is management would run/sprint, not walk to the PR wire machine. So, I don't think anything is done yet...I think the buying and lack of selling is purely a play on an equity that is severely undervalued. The company has very nice assets and is trading at least a dime under book value. A fully permitted mine in a known gold producing area in Nevada, with all the equipment already on site, is worth something...add in a processing plant near Reno, also fully permitted and equipped...you have a company that should have a much bigger market cap than a paltry $5 million. If they secure enough capital in this next, and probably last, round both divisions will be up and running full blast. After that, I think we see earnings reports, a filing to get off the pink sheets and a much higher stock price will soon follow.