Friday, August 01, 2014 5:59:25 PM
I also have serious doubt that Ruby gold can be mined profitably. .
But if they start producing gold on a commercial basis, regardless of cost, the share price will jump.
But if it not profitable, this play will be finished. If profitable, it could trade on the lower end of gold producers p/e.
These guys have screwed up for the last few years, but if they stick to 1 or 2 channels and produce profitable gold, and now, they should be in good shape.
Jury is still out.
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