OTCQX:GTBAF - Post by User
Comment by
captainpoobyon Nov 24, 2019 6:41am
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Post# 30386626
RE:RE:A 4-beer resource estimate on LP Fault
RE:RE:A 4-beer resource estimate on LP Fault45$/oz and 1450/oz are not correct. For in situ gold, in this type of deposit with this type of infrastructure and the ease of recovery, a more proper number is somewhere between 100 and $200/oz.
Here’s a different calculation. CT compared it to another project, Malartic I believe, that sold for 3.5 billion dollars.
3,500,000,000/50,000,000 = $70 share.
cash me outside how bow dat?