RE:Potential Growth at BarseleI also think BME is seriously undervalued by the market. AE 2017 annual report suggests about 1.6 M Oz at Barsele.
.45 X 1.6M X $150 / 130M shares = 83 cents US, or north of $1 CAD
ROOSTER01 wrote: OK I would take $6.65/share However In 2016 RBC used the basic assumption that each established ounce of gold in the ground on this project is worth US$150 22.7mil oz x 0.30 x 150/oz /128 mil shares = $7.98US or $9.97CAD