GBB vs RVCJust an example of how crazy our valuation is right now.
If we were even valued at 25% of Richfield's buy-out price per ounce we would have a market capitalization of $97 million dollars or roughly
.62 cents a share, almost a double from current levels.
$130/4 = Richfield takeover per ounce @ 75% discount.
$32.50 per ounce X 3 million ounces at Granada = $97 M market cap or
.62 a share.