RE:The only fair price is to convert ATAC shares at $5.06 HeclaGold now over $2,000 an ounce.
If you insert t$2000 an ounce into the analysis that I mentioned was undertaken on Rackla's Tiger Project 7 years ago,you will see, we are giving away, for peanuts, a very, very attractive project..
I think it naive to think Rackla will not go ahead,in the near future, especially with these type of returns, and with the prognosis for gold being so positive,
If the Hecla price of $5.06 USD, set in the LOI,.is not used in the final buy out, then we really have lost alot.