RE:RE:RE:RE:RE:RE:$2.00, no way!We don't even know what we're sitting on!!! Without that (those) 43-101 (s)
and/or PEA (s) nobody has a clue. They are keeping any and all numbers
close to the vest, only teasing us with some tin figures so that we can do
highly speculative math and come up with $800 million. Use an in situ valuation
of 10% and that equates to roughly 50 cents a share, so technically we're
overvalued. We're giving Mn away at $350/tonne which probably isn't much
over our cost when you factor in overhead and infrastucture expenses, so without
a 43-101 the Mn part of the business isn't adding much to the SP. It'll be a while
before any Au numbers come out, those darn land owners aren't cooperating.
History has shown that this company doesn't release "preliminary" numbers!
Holding for 50 bucks a share is optimistic to say the least! Like the positive
outlook, but realistically they'll most likely be taking our shares at something
like 75 cents each when our usefulness to their plans is done...