RE: RE: Tell me if I am wrong here - calcI use the shareknow.net resource web site, it has the most up to date resources of most companies and for those that have associated operating and capitol costs are also in there.
As it happens for the Shakespeare project alone the per share value is mind boggling and don't forget they have more resources at Shining Tree.
Anyway I discounted the probable resources by 10%, the indicated by 50% and the inferred by 75%, I also added a 20% contingency on both the operating and capitol costs which are in there btw and the results are staggering.
Based on the metals values the NET project value per share is $15.90 with the above discounts and contingencies.
IMO at .10 this is a nobrainer and glad I was able to pick up some more today at .10, thanks Anonymous.
M