Penbar Capital Ltd V.PEM

OZ's IN THE GROUND.....

[wood6411]

Nice to see all the dreaming going on today. I too am a dreamer, and yes, one day i want to be fairly well off, just like the rest of you.

How larger companies value gold in the ground goes, I am uncertain. I know you can't just use the daily price of gold. There are major costs to take into account, such as developing infstructure, ore removal out of the ground, processing to remove the gold, etc.

I saw on another board someone had a graph of what the price of gold in the ground was worth on average. I know is wasn't anywhere near what some on here are suggesting. Seems to me that $50 - $300 rings a bell. I could be very wrong though. It certainly would be interesting to know though.

I think for our property we would get close to top dollar, whatever it is, as we have a huge property, and from the look of it, there could be gold from one end to the other, so that would bode well for us if a suitor came along.

Good luck to everyone.

PS: I would be more than happy with a share price of a couple dollars. If, we should hit the jackpot and fetch something like what Fronteer Gold did, YAHOOOOOOOOO. Can you say early retirement. 

Keep the dream alive folks.