What i dont understand here is why volume continues to be so high, yet the claims they have are NOT of any real long term value at all...200mil and some smaller claims, but production costs must be considered too. With 300mil in claims the company certainly wont be valued very high, unless they use procceds to expands their claims, but doing that, along with production, are many many years away IMO, at least getting to any measure of solid profitability. Yet millions and millions of shares trade here constantly. A RS is almost a gurantee isnt it? Whats the share structure at now?
I thik there are better junior miners that are further along production, with vastly higher reserve numbers, that do not receive this kind of attention. what am i missing? Promos? Tia, and GLTUA.
