RE:Question about Potential ValuationThe reason I am asking is the I understand that the average valuation for gold in the ground is $20/oz. This suggests that if we are looking at a Ledge 9 deposit with say 10 millon oz of gold, then the market cap would be $200 million or about $2.50/share.
I realize that the ore grade changes thing and also that the other potential; targets can also come into play.
So how far off am I on this valuation????