RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Looks like No Problem, goldbuz. Honestly it would be beyond my dreams too, but I believe it could happen.
I sold a second house I owned and mortgaged my own to the hilt to get as many as I could, so I certainly believe in it.
It will depend a lot on what they come up with in ounces in this first area, which I had at 12M+and only at two grams per tonne. I actually feel that it will be more than that, maybe closer to 4 even. And then it depends on how much upside we'd get. The standard is 15% from what I have read, so it would come down to 15% of how many areas.
And then it comes down to each one of us, and holding out for the maximum amount rather than capitulating to some low ball offers.
If the resource came out at 20,000,000 ozs at $1720 US, that's $55.48 US on 62,000,000 shares.
Which is $70.14 CAN. Add 15% upside on Hinge/Limb/Arrow, etc etc and it can easily go over $100.
goldbuz wrote: Thanks Ivorygull, looks like you put a lot of thoughtt into your share price calculation. If that’s what the price turns out to be, it would be beyond anything I could even dream about. My crystal ball method only got me to $60 dollars, but it’s not always reliable.