1911 Gold Corporation (AUMBF)

[ThSeeker]

Some reasons this is undervalued. Based on some statistics pointed out by Gold Investment Letter comments.

- Market cap is $11.3 Million
- Cash over $9.6 million
- The Mill they own is worth well over $100 Million. It is the real deal and 1911 Gold says it would likely cost over $300 Million to build it now.

- Approx $10 Million revenues /yr on their trailings

- For their 1 Million oz 43-101 In ground gold is at a cost about $2 / OZ

So buying now present a great Low risk / reward opportunity.