Wednesday, July 20, 2011 11:39:13 AM
What's the downside with a company like this, with three projects in the works, any one of which could catapult the price to ten times the current level?
And add to this, a CEO with a history of actually taking exploration companies from the exploration stage to the producing stage. His only real failure was in trying to turn around the operating Varvarinskoye mine (which the company wisely disposed of last year) because of the crazy terms of its financing.
This company is tremendously undervalued, IMHO.
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