RE: Simple math.... Here's another way of looking at it.
3 million ounces in the ground as of the next resource update
multiplied by $1600 an ounce
devided by 106 million shares
equals over $45 per share
I know I've over simplified these calculations. But so have you.
Take a look at Osisko's share price history. You know, the guys across the street. See any patterns? When they broke out from the penny stocks, they were over $1 in no time and never looked back.
Lesson here: Now is a good time to buy. I'm confident we will be over $1 very soon.