RE:RE:Not selling snake oil, just my perspective.I'm actually glad you said that, I'm hear to have an open discussion.
Aug 2, 2016 the SP was .90 with a market cap of 29mil, roughly 32 mil shares outstanding, and a DFS Proven & Probable of 500,000oz and GP at roughly 1,350.00. Based on your evaluation of 25.00oz, would have been a market cap of 12.5mil and a SP of .39, however the market was evaluatiing the gold in the ground at 58.00oz
April 20, 2020 the SP was .37 with a market cap of 31mil, roughly 85mil shares outstanding, and a DFS Proven & Probably of 750,000oz and a GP at 1,750.00. Based on your evaluation of 25.00oz, would have been a market cap of 18.75mil and a SP of .22, however the market was evaluatiing the gold in the ground at 41.00oz
July 28,2021 SP .125 with a market cap of 22mil, roughly 150,000,000 shares outstanding, and a potential DFS P&P of 1miloz and a GP of 1,800. Based on your evaluation of 25.00oz would be bang on the money of 25mil, however if we take your evaluation metric and apply it to what the market has shown in the passed we can use 50.00oz which puts the SP by end of August at .33. Interestingly enough that SP target would be at very susstaintial trendline on the charts.