one thing though, 'A 1m oz resource should justify a price in the range of $1.20 to $1.60 per share'
Where does this calculation come from. If the other stock we compare it to has around 1.3m ounces, which we are both on and I won't name, is significantly cheaper then where is the kicker, is it in excess of 1m ounces. Or is it the fact that it is one single deposit.
Will try and have a look over Kestanelik history..
CHZ Price at posting:
65.4¢ Sentiment: None Disclosure: Not Held