OTCQX:RPMGD - Post by User
Comment by
Negotia8er2on Jan 05, 2012 1:29pm
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Post# 19373211
RE: FWIW - Ubika research commentary on todays new
RE: FWIW - Ubika research commentary on todays new WFC, thanks for that great article. Love the part when they say this, "CDM also states that their property hosts measured + indicated + inferred resource of 108.7 million silver ounces and 777,500 gold ounces. Interestingly, Coeur also states that the resources of gold and silver increased 73% in a year suggesting the strong exploration potential in this area. If RPM’s newly staked claims have 20% of these resources as CDM is admitting, this alone could be worth at least $100M, more than the current market value of RPM".
I have a question for the more astute investors on this board, concerning the 3.2 million ounces of Gold Equivalent combined from the other properties measured and inferred thus far, how much is this worth, if Rochester portion is worth about $100M?