Ounces in the ground.Hello more experienced/wiser mining investors :)
I have owned SPA for a very long time (skygold days) and it is great to finally see some price traction.
With the announcement today from the company it looks (to me) like they are packaging this puppy for a take over from a large or mid teir producer ... perhaps I am wrong ...
What I would appreciate (from the more experienced/wiser mining investor) is a little math to figure out what a bid might look like.
'IF' we used a $60/ounce in the ground ... or $100/ounce in the ground price what would be a reasonable way to come up with a per share value?
Do you think that they might do a few more holes in Phoenix to 'up the numbers'?
Thanks.