A steal at $10/oz Back when the new rsouirce statement came out in Sept, I put in a buy order at 10 cents, figuring two million ounces in the ground (and growing) has to be worth ten bucks an ounce ... market cap shouldn't be less than $20M. So a bunch of 10 cent shares landed in my lap this aft when some dooflus sold them at that. By day's end, I'd made 40% ... in two hours! Sweet.
Typical valuation of gold-in-the-ground at the PEA stage is $30-$50/oz ... which makes this a steal at $10/oz.Any one else want to sell me cheap gold?