GREY:DRGDF - Post by User
Post by
cheechwuzupon Apr 14, 2008 3:20pm
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Post# 14969301
April Presentation
April PresentationHey the latest presentation is up on Detour's website. Interesting that they have it projected to hit a minimum market cap of $1.25 billion when the updated resource comes out which is equivalent to roughly $30/share. That's minimum.
I wonder if that is sort of a heads up play to the majors that if they wanna take them out that they are going to have to offer at least $1.25 billion. That also equates to over $8 for PLG.
Updated resource estimate coming out end of June. Rumours have it over 12 million oz's.