RE:Also was mentioned in today's article on V.EGX.well that says it all doesn't it? ..... nice post tradeitquickly
Today’s bid from AUX values Ventana Gold at approximately
$1.5 billion with | 3.5 million ounces of gold, 19 million ounces of silver and north of 84 million pounds of copper | |
Compare that to EGX. Where does that put us?
10.6 million ounces of gold, 22 million ounces of silver and 2.3 BILLION pounds of copper.... and EGX's grades are higher to boot.
Even if we got the same offer for EGX's resource ($1.5 billion), that would put our share price at $6.75 per share.