Recent Acquisitions Apparently At $1 per Poundhttps://s3-us-west-2.amazonaws.com/denvergold/videos/egf18/egf18_211.mp4 This post is for a presentation by BAR, I recently got burned when I dumped my BAR stock which I held for the Martiniere gold property. They also have a nickel property at Grasset and I talked to John Foulkes at great length at the last VRIC.
I am not recommending BAR at this point and I post the link only because Foulkes make the point that two recent nickel acquisitions were priced at 1$ per pound of nickel, in situ. Not saying that is what FPX might expect, but the numbers are staggering.
6B pounds at $1 = $6B/150m shares = $40 / share. Maybe $80 / share with Van proved up.