RE:RE:RE:RE:RE:Show me the moneyThe 42cents should now be expunged from discussion. Onwards and upwards ! Expectations of past for whatever reason are mostly irrelevant now ...
The real question is whether $200m is a good valuation for what all the assets are. Or is $200m ($1.70 per share) a good entry point.
What is the current value of Eau Claire deposit ? I see there was a valuation done a couple years back ... 1m oz, but gold price used was something like 1250 USD per oz ?
I have yet to see a simple summary of what Eau Claire may be worth.
I know Homestake was recently done ... and it's arguable $100m (lower than they say, I know).
I imagine Eau Claire is worth more than $100m ? If value is unlocked ...
And that doesn't mention the other pieces (CB, etc).
I would imagine once the resources are more fully defined, this will make an attractive "one stop" takeover especially at these prices ...