RE: Share price20 Jan 2018 23:32
You are not missing anything here, junior gold miner like GGP rose 15 times in last 12months without much drilling and a failed tie-up with a gold mining major. And here in OTC/Arc Minerals, they are sitting with two gold mining projects with PFS net present value of $250+m and potential life of mine revenue of $5-$10B dollar. More than $50+ million have been spent on exploring the gold at Slovakian and DRC project, and the net asset is at �17m, yet the market cap is a paltry �5.5m. Thats the way how AIM market is. You take advantage of the discrepancy, sooner or later institutional investor would pile in here followed by the herd...