GREY:OLEPF - Post by User
Comment by
minedtheprofit1on Sep 04, 2011 10:53pm
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Post# 19011604
RE: RE: RE: RE: RE: RE: RE: chet's price
RE: RE: RE: RE: RE: RE: RE: chet's pricethat's right northgate went for 1.5b, ok at 1.3b for ojvg then ngx went really cheap with proven and probable reserves, 3 operating mines and other development and exploration projects. ventana sold for 1.2b.
i can name many jrs with proven and probable at 3- 5m ounces and their cap is well below 1b.
am just saying those valuations and buyout prices that people come up with for ole are way off the charts.
you see the picture here?