RE: A Merrill Lynch readThanks Browser Guy, I had set my own target of about $1.00, and after working this out late last night I was sure I had to have missed a decimal place somewhere. I simply cannot imagine a 90% discount for a property in Canada that is so well situated and with a provincial government who will bend over backwards to help any company setup in the area - any mine in Guysborough county will be a huge industry. I am worried though about finding someone who can make an investment of this size, and of course the ability of the current management to promote itself to those who would buy.
I know that area well enough to know there has been a lot of prospecting through-out all of the county, there are a lot of historical mineral resources in the area that have produced as much gold as the Boston Richardson mine, and it really seems to me that many of those properties should be reinvestigated. I also wonder if they've thought about reprocessing the historical tailings.
I didn't get up to the site as planned this weekend, but will as soon as I can and send pictures back (if possible).