RE: Tigray Deemed Value 41.2cAt .42 the market cap if Tigray would be approx. $21 million. The number would seem low for a company with similar stats. If you came across a venture listed company with a great property, low share float, 4 million in the bank and had the very encouraging intial results that showed gold and copper. I would imagine it would have more than a 21 million market cap. It will be interesting to see, if, when and how much management options are priced at. Also what the first PP and at what priced at.
As much as I would like to see $15.00 by thanksgiving, I don't think it will happen. As mentioned by a previous poster it would take a lot of ounces to get to that price. To get to those ounces we first need lots of good drill results and then a 43-101. I agree with the previous poster and doubt that the intial 43-101 would show more than 5 million ounces. which on its own will be great. (Although, I hope I am wrong and we see $15)