GREY:OLEPF - Post by User
Comment by
Goldfatheron Aug 12, 2011 7:18pm
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Post# 18937801
RE: If OLE gets sold, $1.40-$1.80 max buy-out
RE: If OLE gets sold, $1.40-$1.80 max buy-out StateSide and Topridge.....just read both posts. I enjoy when Posters acxtually say something here. So many just have these opinions w/ no back up at all except the POG and Chets back ground.......... Someone called them the Fantasy Buy Out Gang. very funny. But I'll go a bit higher than your calls. I think were closer to 3.50 - $4. I've done a lot of math, and compared to alot of other Jr b/o's. Math done on what I could find what gold oz were actually being bought at by the Majors. That is Indicated, Inferred, and the BS. Realizing theres a lot more specs to use such as grade, etc. But using 5.5 mil oz ( per mackie Report)and 4 mil BS ( per Ole) ... totaling 9.5 mil , i come up w/ around $1 bil... add Chets Negotiation skills, add the chance for a Major to egt a Shovel Ready Mine w/ 10 to 15 mil oz of gold (potentially)... add the Gold supply and demand situation.... and I say we get 1.2 to 1.4 bln. which is $3.60 to $4.20.
For conversations sake and to eb helpful to others here ( as we dont get much info any more)... i have also posted this info in the past as well.... Compared to you Stateside, im probably a Fantasy Buy Out Club Member ha ha..
Since we all can add Gold oz up till blue in the face..., and dont really know how much they ahve ... and we really dont know what its going for $$.... ... and add in the POG element.... the SP is a mystery till its over. Therefore.... i have asked for a Project Valuation Estimate from Gold experts that i could reach. They know Ole quite well.... and I recvd four:
$1.7 bln.... 1.3 to 1.5 bln.... 1.2 to 1.3 bln.... and 1.1 to 1.2 bln. Remember these people are in the Gold industry and know more about Ole than anyone here on the Blogs ( guessing). There you go,,,, use it any way you want.... all opinions ( not all my own) but w/ some meat behind it.....