GREY:PCGLF - Post by User
Comment by
hiker1on Apr 14, 2011 12:18pm
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Post# 18431184
RE: RE: re-43-101
RE: RE: re-43-101I just wished to clarify that I am not aware as to whether on this updated resource they are able to obtain those numbers to produce the "multi" million ounce deposit but most likely, this would be something further down the road. However, should it say be 1.5 million multiplied by $150 per resource ounce due to their infrastructure, and divided by the total OS shares, including warrants and such at 77 million , that would still equate to a share price value of over $2.50 per share.
So it will be very interesting to see what kind of numbers come from this updated resource that they are so excited about.
GLTA