3 prospective gold projects - 2.8 million ounces
Dublin Gulch, Yukon; Tassawini & BRL Venture, Guyana.
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Message: This just beats me....

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This just beats me....

posted on Sep 26, 08 08:14AM

SGV is so un-be-lievably cheap! This company's got indicated gold reserves of 2.5 million oz and trades at a market cap of $7M. That means the stock trades at 2.8 times the indicated reserves, which is ridiculously cheap compared to any other junior miners.

How come Searchgold trades at 28.7 x indicated reserves and (the also ridiculously cheap) KNB at 10 x indicated reserves?

Of course, SGV is further away from producing than KNB, but a factor 2.8, I mean come on!!

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