RE:RE:ValuationYJ you are correct. If I may for TUO which is very simplistic since you have TUO royalties and other optioned properties:
27,000,000 ounces x 20% * 50USD divided by 50M shares x 1.25 exchange = $6.75CND
However, that would not be what the stock trades at per my prior post. If you are saying that is fair value, then a buyer would pay you that. Acquisitions happen at around 45% control premium.
So divide the above $6.75 by 1.45 = $4.65CND for TUO
In theory thats is what I expected the trading price to be after the 43-101. But the market is the market.
GLTA