POG, page-7

Trading since April would also be compounded with the shares issued etc to current level. Although I would be interested to look back at the market cap 18 to 24 months ago considering the progression and new business. Really the assets and debt situation has improved etc - the company is in a far better position and has signed deals where others stumped up cash in a tough market. Although the con notes have been a killer.
Let's face it... Most spec stocks and junior miners have been smashed in 2014. There are plenty sitting on 60-80 loss of share price. But I still think even with shares on issue the company is cheaply valued. I know I've said it before.. But their exploration tenements and previously worked mines & known copper deposits with high gradesn(which they acquired as part of the sept 2014 deal) could justify the market cap.
Also Canadian listed toll treatment companies are worth multiples of minera and they only treat others material. I know copper is at a low, but combined with gold and if they continue with historical high grade Cu, surely they will have good cash flow and potentially profit from that as well. Then add the exploration upside over a large area. All this for 8 mill? Hopefully they demonstrate something close to their goals.
I'm certainly a realist... While miz meanders at 0.003-0.004 each 0.001 represents a large percentage gain. If the company's share price ever hits 0.01 (around 30mill market cap) then each pip rise will obviously represent a lower percentage gain. Basically each pip up or down represents a 3million dollar change in market capitalisation regardless of price... which doesn't matter that much if you have a 100-200million market cap... But it certainly has an impact with an 8mill market cap.
Surely they can only improve from here? Or have I got this all wrong? Seems a about somehow. Communication and actual figures are essential.