Agree.
And in the meantime half of its revenue is with gold drilling and gold is at a relatively good price.
Mining seems booming as also appear in the ann see the page 13 for detail
Mining industry debt ratings are improving
Improved industry balance sheets will result in increased drilling activity for reserve / resource replenishment
Improvement of 99% in MSCI index since Q1 2016
Suggests increasing investor interest in mining sector
Junior equity raisings trending upwards
Greater availability of funds for exploration activity
BLY Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held