OTCQX:GTBAF - Post by User
Comment by
CdnBadgeron Oct 05, 2021 2:43pm
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Post# 33968108
RE:RE:Globe and Mail $27.00
RE:RE:Globe and Mail $27.00I think $27 is based on projected maiden resource or what's been demonstrated so far. I think the anticipated 5million ounce maiden works out to be about that at my $250. I base $250 per ounce on location, economy of project, power lines, road, local infrastructure/work force, and political environment. Etc. I think we should get a higher per ounce in the ground evaluation due to all of the benefits/bonuses the project brings to the table. Speculative but I think it's sound. The $27 is a safe bet on the analysts side in that he only called what's already on the table.