RE: RE: Book valueBook value has no relevance here. If Newmont and RTZ and BHP are going to do their own math then that changes the value , book or otherwise. The book value from RBC and TD and Research Cap. is in the $2 range. That is based primarily on what Shore has to lay out to build the mine vs. how much they will make. Since there are many missing pieces in this equation - as I previously posted - it is a waste of time to attempt it. Every single inferred carat is excluded from this process. That doesn't fly if we want to talk true value vs. 43-101 determined value.
Crocky