EXAMPLE HYPOTHETICAL
So what would it look like post - transformation ?
Out of the Gates ?
One would have ot amass each zone with in situ metal content - provide a resource for each zone.
SAMPLE SAKE ( suppose )
100,000 oz gold ( keep it simple )
x 2200 spot
= $220,000,000
x 30% ( 5% corp + 25% common )
= 66,000,000 mil cdn
~ 258,000,000 shares
= 0.25 cents ( 25x increase )
Each new drill campaign - if successful - more oz or pounds of metal
metal values go up and so does stock price.
EXAMPLE -
$1,000,000 cdn drill campaign ( 1,000,000 ~ $.25 cents ) = 4,000,000 shares
~$200 / meter
= 5,000 meters @ 150 m per hole
= 33 holes ( one could get some serious drilling performed this way )
258,000,000 shares carried over priavately unchanged
+ 4,000,000 new shares tacked on ( $1,000,000 ) 5,000m drill campaign
262,000,000 new outstanding after first dril lcampaign.
One may not even use the total 300 mil share cap.
That is.. if each dril lcampaign was successful and kept racking ip more metal values.
Common investors holding shares could still sell their - shares if needed.
Or, buy, others who want to sell their shares.
Or... buy into new drill campaigns.
It would certainly create a buzz of excitement.
Anyone prebuying into the stock prior ot a drill campaign, could reduce much risk, basing it on, drill success and knowing if any metal was tacked on to tally, their investment has all the more security / guarantee.
If ever....
I'd ask... for a hole near Falconbridge... wink.
Our lands nearly cusp theirs... going westerly.
A deep hole... drill into the good stuff to really prove and provide a quality connective to Sudbury...
BMK should've drilled near Falconbrige than, Jovan.
Cheers....