Gold mining valuation

This question is for those that understand mining valuation.
While looking at gold mining operations, I ran across this tiny mining operation.

My question is, how can seeking alpha give it an A+ value rating while having bad sales ratios? Ratios that I would normally consider to be fundamental to having a good over all valuation.

I have noticed similar things with other mining companies.


LODE has a MktCap of 30-million. That SA valuation is total nonsense.

Ok, then here is another, also with less than great sales ratios. Same question applies.