RE:RE:RE:RE:RE:Buffoons, Fools, Idiots and BS'rs alike!!The Cartel smashed Gold down to the support trendline, will it hold? Thoughts on timing???
Here is my sum of the parts on FURY. Eastmain was as low as $30mm and then doubled with all the Juniors to $60mm and then Auryn (over)paid to $120mm. I would argue therefore that Eau Claire is now worth $60mm (it would have been lower but Ivan bagged Eastmain on consolidation and stock swap).
Homestake is worth .10 of the PEA as we are back into Bear Market valuations which equals $20mm. Can they even sell it for $20mm???
Comittee Bay is a long dated call option and an excellent exploration play so you can always sell it for $5 to $10mm. I'll give it $10mm as Ivan says its "VG".
Eleonore JV, Perceval, positive drill result additions, extensions, Snake Lake, revived prospects are worth another $5mm to $10mm but will only serve to offset the next dilution.
So I get $.76/ share. There are more knowledgable people than me on this board so please correct me where you disagree and we'll figure out a bottom for this thing. GLTA