Tiidal Gaming Group Corp V.GTA

RE: In situ valuation tool

[prospector24]

In situ value is meaningless unless you are a major mining company with millions in the treasury to build a mine.  Take a look at the recent buyouts (Prodigy, Trewlaney, etc).  Most juniors that have a resource large enough to interest a major, get taken out between $50-75 an ounce.  What's wrong with $2? They are trading at a quarter!  That's a huge profit in my books.