Copper, Gold, Silver, and MolyPorphyrys typically have a suite of primary economic metals usually copper or gold in various ratios with accompanying secondary byproducts of silver and molybdenum.
Santo Tomas SO FAR has
8.5 billion pounds copper
1.5 million ounces of gold
70 million ounces of silver
170 million pounds of moly
on a gross value it is immense.. at todays prices
8.5bn*2.79= $23.7 billion
1.5mm*1285= $1.93 billion
70mm*14.71= $1.03 billion
170mm*12.46= $2.12 billion**
**moly oxide price
totalled thats 29 billion dollars or 10.4 billion pounds of cueq
if we value those cueq pounds at only 3 cents (RBC in situ price) we get $311.8 million dollars
and dividing that by 155 million shares post altamura transaction we get 2.01 usd
the closing price in the us today was .325 so there is a deep discount to value buying todays share price
another way to look at it is buying today we are paying less than half a penny a pound (.48 cents to be exact) to get to 3 cents in gound we are looking at 6 times our money
to get to a buyout price of 9 cents we are looking at a multiple of 18.5 times!
just on what we have NOW..
is it a steal at .325.. you decide