Specuation/ ValuationZorg will correct me but Ill take a stab at it. I say we are approaching 50 million ounces with 20 percent to Teuton leaving 10 million ouces to Teuton at $150 dollars per ounce in the ground at $2000 dollar gold which gives a base valuation of $1.5 billion to Teuton. Royalty excluded, other properties/ securities excluded. Lotta room to run. Pfaffy you may be right at $10 bucks. I always have to compare to Osisko and Malartic. My old post on this summed all that up! GLTA