The true market cap is about £50million - ADVFN have it wrong.
They have miner reserves in comparison to N.korea in the operations above, refer to www.aminex-plc.com for exact figures.
The stocks potential is much down to North Korea.
Chinese geologists estimate that offshore fields in the West Bay basin area off North Korea may contain about 22 billion barrels of oil and gas.
They are a few years away from producing the oil no doubt, but if they was to produce etc their valuation will be alot higher, probably what Burren is valued at. Basically the potential is there, the risk is small comparsion to the reward.
Ipath Etn Crude Oil stock quotes
Ipath Etn Crude Oil stock charts
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