RE: Net worth base on LinderoGood question: If we use a figures of $150 to $200 for the "in the ground" value of Lindero and also use between 2 million and 2.5 million ounces we get values of between $300 and $500 million. Divide these amounts by the fully diluted share balance of 53.4 million shares and you get a value per share of between $5.62 to $9.36 per share .............. or average it out to $7.49 per share.
This gives ZERO for Rio Grande, ZERO for the 10% ownership on ANM and other investments held, ZERO for the cash on hand of approximately $11.5 million and ZERO for the roughly $28 million of cash that would be raised if all warrants and options are exercsed.
Home come the stock price is so depressed? Simple answer ....... the Market doesn't see the potential and juniors are doing very poorly lately (in general).
As for Cliffy's response of Galore Creek? There is no comparison: Galore Creek is a MUCH bigger deposit with much, much higher costs associated with that deposit. Lindero hits the "sweet spot" with a LOW COST heap leachable deposit that can be turned into actual gold bullion at a fraction of the time we would see a gold bullion bar poured out of Galore Creek.
Cheers, SL