Just for fun!Hey all longs. Hope you are all doing well in this crazy world.
Fully diluted we are at 407,435,478 shares. Let's call it 410,000,000 for easier math.
Let's use the simple 4.1 million ounces (as it kind of fits with the shares outstanding :) )
Today the price of gold is currently up $32.30 ... let's call it $30.
I believe that gold is 'long term' going higher but for the 'fun' let's just use the $30 appreciation that is currently on the 'https://www.kitco.com/charts/livegold.html' kitco chart.
$30 (gold price appreciation today) X 4.1 million ounces = $123,000,000 !!!!!
The resource in the ground appreciated by this much JUST TODAY. Gives you an inkling about the potential upside of this stock :) ...
As a 'per stock' value ... we would take $123,000,000 and divide it by the shares outstanding ...
$123,000,000/410,000,000 = .30 cents per share in increased value ... TODAY!!!!
**((Yes, I am AWARE that this is not how it actualkly works. That is why this is 'Just for fun!'))**
The potential here is HUGE. Pass the word to yoru friends and family ... get them to buy just a $1000 worth of stock and they will have a great Christmas 2021!