RE:RE:RE:Oban drops to .065LGreen wrote: Is Osisko smart buying at 11 cents? I think they know what they are doing.
At 11c (pre roll back), New Oban has a market Cap of around $108mil, that puts a valuation of around $43mil on the properties. I find it impossible to put a value on gold in the ground in today's market. However, Osisko are in it for the long haul and they will be privy to the strategy that New Oban will have for the $65mil in a buyers market.