asx gold company comparisons, page-2

Ako thanks for a great post with content!

Yeah it certainly looks cheap on paper. However the market has been burnt by this one and its going to take positive cash flow, close or higher to the expected, for the market to start demanding exposure to this one on much higher volume. A lot of people lost money on the oppies and are sitting on paper losses with the shares.

This is a risky stage for an explorer going into production. If we see a negative announcement I can only imagine it would seriously get punished.

Of course on the flip side IMO we may see it get to 15-cents.

Sorry don't mean to be pessimistic but done this to long only to know this one isn't home until we see consistent positive cash flow over a period of time.

Not advice by any means and post is pure speculation!