RE: interview and ouncesFrom the interview the CEO said they currently have 43-101 reserves of around 2million...and I assume that would have to exclude any rock resources as its not released yet? So lets assume maybe their portion is around 1 million ounces...just for arguments sake.
So as a company they have 3 million in reserves? that seems high and i would think they would be undervalued.
Romarco minerals released recently that they had 2.1 million ounces measured and indicated...they have 300 million shares outstanding and trading around $1.50...thats 450 mill market cap.
and if PG has more gold than that....we should be trading at 5 bucks for sure...
and we all know this discounts any future success at rawhill etcc...
I bet Goldcorp makes a run at them within 2 years and maybe a lot sooner if they can start finding some great results...
prediction 7 bucks a share within that time..maybe more as gold looks as though its going to 1300++++