Actually, there's only 10 million ounces not 12.
Regardless, with approx. $13 million in cash and a paltry market cap of $54 million, this stock is too cheap to be ignored.
This one is way oversold and the market continues to show signs of neglect.
The company keeps expanding the resource and now shows satellite deposits.
Any way you cut it, this stock has upside written all over it when the market turns and the financial printing presses are triple shifting.
Ah, so much patience is required in these troublesome markets but IMO, the reward outweighs the risk.
STRONG SPECULATIVE BUY