minable goldOn Jim S. website he states that a co. with 1million ounes of minable gold at 1700 $gold will have a gross
value of 1.7 billion . If gold goes there.
How does the market price a stock if its worth 1.7 billion in a gross
minable gold deposit? Is it one time gross or 2 times gross...? anyone know? Please.
Why I'm asking is because we have 238,000 ounces minable with the new deal and if gold stays 1000$
that gives us 238 million gross values . How do we price a Co. with lets say 100million shares out ?
Can it be one time gross , that would put us at 2.38 $ per share. Can someone figure this out please
thanks.
Also did anyone check out the drill results of the other Co. involved , I see one drill showing 2000 grams of silver
per ton in Mexico. I think its called First Exp.