RE: VIO has major gold and will hit 0.40 todayBuschwaker, could you explain your valuation of 40 cents?
This would imply, just based on the Douay inferred gold deposits (and VIOR has other inferred-resource properties on the go), this would imply VIOR could only make about $15 per ounce. I find it hard to believe that it costs more than $800 per ounce to take this stuff out of the ground and refine it. I'm no expert on this so any explanation on gold reserve valuations would be much appreciated.
Thanks,
Chi.