RE: RE: Green, forgot ot mention...RVC just got bought out for $ 550 million. 1.8 MM oz indicated and 2.0MM oz inferred.. RVC also has a bulk, open pit mineralized structure starting close to the ground. Upside potential at RVC was still there. Probably a total of at least 6 million ounces.
If you convert these numbers to a $ per oz in the ground, you get about $145 per oz ..
Note: it seems there does have to be significant upside potential for the discovery to get the $145 at this moment.