RE: RE: So much for OSK buying us out How do you come to 100 $/oz Au Eq?
I just looked at the latest presentation and see 1,46M oz Au indicated and 712k oz Au inferred -> 1,82M Oz Au
Including Cu: +20% ->
2,18M Oz AuEq
With 6 C$ and 95M fd ->
EV = 570M C$ ->
260 C$/oz AuEq
If GCU would be valued that high: 5M Oz AuEq * 260 -> 1300M C$
with 135M shares -> 9,7 C$/share.
If GCU's gold would be valued only half, because of the missing infrastructure, 4,80 C$ would still be nothing to complain about... ;-)
Ofcourse first we need the PEA, the permits.