RE:RE:RE:RE:NO PRIVATE PLACEMENTS FOR AT LEASTWe are all speculating on here, and your 25 cent per share may turn out to be true. However, I think that's low. Here's why: It's difficult to find data that breaks down price per ounce in the ground for Juniors. I can't find 2022 stats, so I will use 2021 stat of price paid for gold in reserves @ $56.70 (average of 13 juniors aquired in 2021). I don't have a break down of the global location of these juniors, so take it with a grain of salt. Let's round to 5 million ounces in resources (for now) @ $56.70 per ounce = $283,500,000 / (fully-diluted) 1,050,900,000 shares = $26.97 a share. However, the fact the Wallbridge property is next door to Agnico's Detour, and the probability of more undiscovered gold on the large proiperty, probably makes it likely Agnico would pay a premium on a buyout. I'd say $80 - $100 an ounce. Which makes a buyout close to 40-50 cents a share in Canadian dollars.
That's my guess. Let me know your thougth and constructive critisism.