RE: LAST CHANCE TO GET THE TRAIN"If the PROPOSED MERGER goes forward AUQ will carry MGM on its back. IF Gold continues to raise and both properties produce there is value to be extracted, processed and sold."
MGM will be a producer of more ounces than AUQ for a while, profitable at even $450 per ounce. So I could argue this is approximately equal.
Really, I wish AUQ and MGM could find a third company to merge with. The more ounces in the ground, the more respect (and price multiple) the market gives us. A fourth company or mine would add even more.