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Re: $$$eeker post# 1

Wednesday, 09/01/2010 4:53:59 PM

Wednesday, September 01, 2010 4:53:59 PM

Post# of 203
I have been watching it also. I'm somewhat surprised it's able to
maintain such a high market capitalization in comparison to most every other exploratory miner out there.
we're talking almost 180 million mkt cap.
They do have 17 million in cash and zero debt.
it sure does look like a serious play, probably has been
devised exclusively for sale to a major producer.
The last time I remember seeing such a high mkt cap for a non-producer was Miramar, they had similar high deposits as far north
as Nunavut - they were bought out by none other than Newmont.

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