RE:RE:RE:RE:RE:RE:The greatest "no brainer" investments of your life....Right! And the PEA and Feasibility Study should show that very well. And there are intangibles like the outlook for copper going forward, how much the gold component means to an aquirer, the time value of money while they build it...so many angles and so many unique properties and variables. At the current $3 Canadian if an offer were to come tomorrow I doubt it would be for 100% premium ....40% 50% 60% maybe? So we end up at $5 or so which is where my "pounds in the ground" leads me. I thought it might be possible to see $10 US but looking at history a little more closely and being more conservative gets me down to $5 US or so if I had to pick just one number.
We're not the only ones trying to handicap this. The share price of $3 Canadian has to have a lot of this kind of thinking in the price now don't you think? If this was going to go for $20 then why are we at $3?