RE:RE:RE:RE:RE:RE:Share priceYes, I feel more comfortable with a lower price target and taking it one day at a time and not looking too far ahead. We don't know what the drill results will yield.
As an aside : Based on the following article, Barrick paid $200/oz for Arequipa gold. Gold is selling for almost $2000/oz today. Any offer would be say $1000/oz.
Arequipa intensifies drilling as Barrick waits : https://www.northernminer.com/news/arequipa-intensifies-drilling-as-barrick-waits/1000096876/
Excerpt :
Barrick has stated that it is basing its bid on a resource of 5 million oz
We can compute : $1Billion / 5Million oz = $200/oz