RE:RE:RE:RE:Valuation rangeWhat would be a "fair " buy out price in dollars according to my calculations? I don’t have a price in mind because there is a lot at play for the exploration to discover. We’re all waiting for Brasilles assay data, and that could change things quite a bit. I am still curious about the technology limit of the 3D-IP survey that bottomed out at 600 m depth in the North Zone. The January 2021 press release from Oroco included a Figure 2. I think that the 15.8 mV/V chargeability limit shown on that figure may be an artifact of the technology’s limits rather than an actual limit on subsurface mineralization because it matches the surface contour. There could be more good grade at depth.
When I last read through the collection of major mining companies annual reports, a number of them explicitly stated that they were actively looking to fill their long-term needs with new acquisitions. In this competitive market, it wouldn’t surprise me if more than one offer is put forward. That could push “fair price” higher than what I could speculate.
Central banks printing more money just drives commodity prices higher too. Fortunately for us, the Federal Reserve is powerless to create additional copper porphyries. For me, my investment also serves as a hedge on inflation and dollar debasement. I did buy a modest number of shares in January. So for someone else, their fair buyout price was $1.60.