Benz-I think we have found that unpolished elusive gem that all investors dream about....and when they do are so awestruck...they simply don't believe or act on their beliefs.
AUY WILL be producing ~585,000 oz/yr in 2008 at cash costs of ~60/oz assuming copper at 1.25 (today it is 2.22). Hence the market is pricing in some of that anticipated production (sales of 320 mil/yr). This is only a forward PE of about 4 (conservative estimate). It is also an AMEX company. Institutions don't look at companies until they are such or on the verge. Lets just keep our feet on the ground until we have something remotely comparable to auy. best wishes...RU
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