RE:Freeport/Reservoir Cukaru Part of Timok is worth $1Billionaccording to the article based on the 20 year mine life and the $1 billion deposit value Reservoir should be trading at $9.00 instead of $4.50. Erin had a NPV of $1.91 so I guess we should be trafing at $1.00?
Reservoir/Freeport have to do more drilling before the reserve is 43-101 compliant.
We should be asking alot more questions, shouldn't we?