PINL:VLTAF - Post by User
Post by
VentureTrader1on Jun 29, 2011 10:29am
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Post# 18778873
Volta now valued at < $40/oz?
Volta now valued at < $40/oz?In the June presentation there's mention that they're market valuation is equivalent to $77/oz based on Kiaka alone, and that was without the new resource. That would imply that with the new estimate they're now priced at < $40/oz, no?
I picked up some more at 1.52. Maybe it will get cheaper, but seems to me most takeouts I've read about give a valuation of around $200 - $300/oz at least, not sure how there couldn't be some monster upside here.