RE:RE:RE:RE:RE:Another new highThere hasn't been many junior M&A activity as of late to use as bench mark.
Based on the current price of gold and the fact that Los Ricos is fairly shallow depth mineralization ( that can be open pitted (lower cost of production) we should be looking at $300+ per ounce of gold in the ground.
so $600-900 million for 2-3 million ounces and this does not include the value from parral.
GGD could be $3-5 under this scenario and let's not forget the bull case for gold/silver which are expecting much higher prices for these precious metals in the coming years.
GLTA