Stock price when the opinion was issued
Controlled by Ross Beatty who has been a serially successful entrepreneur. If you are prepared to wait for the 2, 3, 4 years that it takes for Ross to build this, he thinks you will be very happy. If you are in this for the long-term, you have to be prepared for the stock to go down before it goes up. He is prepared to wait 5 years.
Thinks this one will be a winner this year. They now have 3 drills turning in Guatemala. They are going after high grade zones. MPV on the project based on last year’s economic analysis is roughly $600 million. The market cap is less than $200 million. Expect they will increase the resource by 30%.