Someone once told me..."A resource in the ground in a high quality jurisiction like Arizona ...with existing infrastructure, mine plan and lots of exploration upside potential should fetch somewhere around $150 per ounce...in the ground.
There is no doubt in my mind that we soon end up with half a million P@P ounces of high grade gold in the ground.
That's 75 million $ for KERR gold in the ground give or take
That's about 25 cents per share if someone were to buy us out based only on the gold in the ground.
If KERR can prove out 500,000 ounces of high grade gold...and that's now probable not just possible....our stock is worth .20 to .25 cents per share US if we never mined a single ounce
Think on that."
- Goldqueen6