RE:RE:RE:Lockdown: RCG DELAY >All 3 properties will have at least a million ounces.
so, presumably Tangier and Forest Hill have two million between them.
On October 17, 2016, the Company acquired Flex Mining and Exploration Limited (“Flex”), the owner of the properties, Tangier and Forest Hill, for cash consideration of $1,500,000.
$1.5M/2Moz = CAD$0.75/oz
$0.75/oz for undiscovered ounces might be more appropriate than my arbitrary $1.5/oz