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Thursday, September 03, 2009 6:15:07 PM
When it comes to junior miners, the valuations are made upon whats proven to be in the ground. Most here would agree that a 1-3% valuation at this point while somewhat of a relief because of the higher pps, is still laughable as far as a 'fair' valuation would be.
My "opinion" is that we should be at least 5% in valuation NOW based on what we have proven which would put us at a minimum .23 pps. We will get there, and the longer we remain under valued means the further the market will have to push to bring ur to 'fair' value as we prove up more goods! It's all good... just need a little more time IMHO.
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