I agree that a $4 - $5 dollar selling price is very realistic for this company, but with one interesting twist. I believe the value is for the Paul deposit only. They have six other deposits, and, they think Lucie could be bigger than Paul.
Why did the company change its name and is spinning off the other assets. Could it be they see long term opportunities with this deposit. Opportunities that go beyond Paul!!
To me this is a very long term hold, a modern IBM where you buy and forget. The long term value of this company is potentially enormous. I typically deal in Oil stocks, but look at this deposit as a small oil sands with great long term potential. Nice to see GER proving up their deposit, it will only help DAN and GER.
Anyhow, something to think about EH!