RE: RE: News: over 20M ounces at Brucejack project
You figure between the two properties they have 34 Mil oz M&I of gold. That equates to roughly $27/oz in the ground by dividing M&I oz into market cap. Now, that doesn't include silver, copper or rhenium. Looking at this article below the $27/oz puts them as the cheapest on the market.
https://seekingalpha.com/article/249047-measuring-15-junior-gold-miners-by-cost-of-resources
The intangibles are great and once they move inferred over to M&I this stock should rocket. You also have to consider that they had some serious drill hits of 5000 grams of gold per meter over a meter and a half and these were capped at 30 grams for the assessment. Check out their drill results from 2010 on their webpage.
GLTA