GREY:OLEPF - Post by User
Post by
jredocon Mar 30, 2011 4:47pm
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Post# 18363204
Re: Re: Re: resource update
Re: Re: Re: resource updatemaya
My question becomes what formula do we use to calculate the NAV of a company like Oromin.
a) current value of gold/oz x the number of "measured" oz of gold?
b) current value of gold/oz x the number of "measured" and "indicated" oz of gold
c) current value of gold/oz x the number of "measured" oz of gold + some lesser value for the "indicated" and "reserve" oz.
d) some arbitrary value for the oz of gold based on recent gold exploration sales such as Red Back and Goldcorp??
e) etc.
I appreciate your input
J