I loosely follow Dynacor. They are a unique gold producer in that they custom mill for those who bring ore to them in Peru (?).
Anyways, they make money - have a market cap of $27M yet are not quite producing at 200tpd.
Imagine where UC could be producing their own ore at 250tpd?
This stock in a pain in my rear and another example of one of those investments that I simply hang on to because they are soooo close to where I want them to be...but the delays. The delays.
I don't mind the lower share price because all it does it make think it's time to add more. There is tangible value here, not the least of which is $6M cash from Cliffs. We are headed there.