Mgmt is bloated in size and salaries. Been an issue discussed here for some time now. Pay goes up , while the SP slides and the resource growth stagnates....
Not a good look.
Cash backing around 7c
Ev/res around $4/oz
Market cap $27million
Value ? only if mgmt pulls its fingers out and/or the POG skyrockets in the next few months.
They seem to prefer the ostrich method of management :
PK seen recently "looking for gold" in Burkina Faso:
Mgmt is bloated in size and salaries. Been an issue discussed...
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