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Valuations
posted on
Jun 12, 2009 10:39AM
The way I see it, all the infrastructure could realistically be valued at approx. 300 million. Therefore, the market is valuing the gold in the ground at less than 290 million.
How much did Goldcorp pay for Gold Eagle? 1.6 billion? For what?
This company is in for a very serious revaluation, northward.
I cannot believe that this low share price is a result of anything other than manipulation.
