Skier wrote:
"Somebody tell me why AGG = 78 and GNH = 41 ?"
To restate the obvious.....It's all about perception.
AGG has a 43-101 compliant resource and GNH does not.
This issue over late assays has spooked the market the same way lowering production targets during mine commissioning at Lemaque has for CMM.
The other issue impacting GNH for many investors is the issue of nuggety deposit and Jim Tilsely doing a conceptual model. Jim is likely on the right track but some investors are wary of his methods.
AGG - 109 M shares FD
GNH - 143M shares FD
Not a huge difference in # shares FD but still significant.
I agree with Danny's comment on finding undervalued companies and sticking with them.
IMHO both GNH and CMM are grosely undervalued.
The trick is to do extensive DD, visit the properties and get to know the management.
AS Richard Nemis said about NOT...say what you like but the ore is in the ground.
When you know what you know...you can sleep well at night.
Mr. Glass has obviously done his DD and arrived at the conclusion that he wants a piece of the action. I bet he sleeps well too.
Great post Scott.
Best
SN