RE: Confused market03 May 2022 11:36
I am following (not invested) several junior explorers in LSE and AIM, and they have the same or more MCAP than GCAT, and they have 0 sources of finance except Equity dilution and 0 Revenues, and yet as I said they are about the same mcap as GCAT or higher, and they dont have yet proven reserves. We have prove reserves, we are producing gold and we have revenues, we have our own drilling rigs and an amazing BOD.
I Just dont understand.....
Many companies out there, one example is MILA, no proven reserves no revenue not owned drilling rigs and yet the have more MCAP than us!!!
UNVELIEBABLE!!!!
The Market is on Shambles!!!
And the sector is overalll terribly valued with rising gold price!!!!!