RE:RE:The train is coming back into the station !I would think a $2 buyout is a bit conservative, from the Jan PEA 1,862,000 ounces of gold produced after average metallurgical gold recoveries of 86.3%; Total cash cost estimated at US$482 /oz Au (including royalties, refining and transport) and an all-in sustaining cost (as defined by the World Gold Council less Corporate G&A) estimated at US$550/oz Au, generating an operating margin of US$600/oz or 52%; Now that's based on $1150 gold, even then with KAM having 171M shares out that is North of $6/share. The old assessment back in summer 2014, had 4.1 million ounces, now they are working with 1.9 million ounces at a bit of higher cutoff. With gold heading higher & the US$ will fall, the economics will improve. I would think the $4 range for buyout is pretty reasonable.