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Simon Big Daddy

11/23/10 1:34 PM

#15169 RE: leandro213 #15168

Of course it has! We've already firmly established the company has had a tough time over recent years. Surely you're not suggesting this as some sort of insightful revelation? It is what it is, a 2 cent stock but one with assets that to date, nobody can seem to forge a logical arguement against them not being incredibly undervalued. Let me ask you this, what value per ounce do you suggest their 3 million current ounces be valued at? The industry typically assigns an average of $50-$100 an ounce for gold in the ground while Dutch is receiving about $2 an ounce. Do you feel this disparity approriate? It is continues, does it not seem plausible that a larger player would simply acquire the company and its assets as to unlock their true market value inside their larger scale. Afterall, Jungo in particular is surrounded by some very viable and active mining operations funded by a well know major and a junior or two.