RE:Recoverable Copper Alone Worth Over $100 million ?
Agreed..My calculation without the copper factor was 465 million over eight years..factor in the copper and north of 500 million is more than probable. The company has spent close to 30mil just on studies ..permits and drilling for provable reserves and inferred. I'm thinking at just current PM and commodity prices and I would be thinking at least in the 40-50 million range with a 5% retention for future in royalties..so that woul equate to a 25-30 cent @ share mark...and that's not including any current or future royalty revenue. Silver and commodities will have their pullbacks due to a false sense of security in currencies especially the US IOU but confidence will ultimately fail as CB's all around the world are counterfeiting to infinity and beyond and we won't even get in to a discussion on world debt...oowaa!!