The real Value is in the ground for the 3 Amigos.Base on possible M&A in a near future the real value of the 3 amigos is in the ground,
not on the actual share price .
With the actual gold in the ground 27.3 M and probably over 40 M at the beginning of next year and a favorable open pit low cost to start with.
If I recall last year at spring time or this year a small junior company receive 100.00 US dollar per ounce for his 5 or 6 M ounces of reserve on M&A
Using roughly 87.50 us dollars 110.00 Canadian dollars for the board below.
Could be lots more of M&A time
| Company | Site | Status | Resource OZ. M. | Concentration ore g/t oz. | Shares outstanding M. | OZ./Share | Potential value | Market value Mar/04/2021 | Potential gain factor value | Market cap. Million$ | Value/oz $$$ |
| Tudor (60%) | Treaty Creek | In exploration | 16,38 | 0,7 | 178,8 | 0,092 | 10,08 $ | 3,040 $ | 3,31 | 543,55 | 33,18 $ |
| AMK (20%) | Treaty Creek | On standby (free ride) | 5,46 | 0,7 | 397,39 | 0,014 | 1,51 $ | 0,330 $ | 4,58 | 131,14 | 24,02 $ |
| Tuo (20%) | Treaty Creek | On standby (free ride) | 5,46 | 0,7 | 56,22 | 0,097 | 10,68 $ | 2,750 $ | 3,88 | 154,61 | 28,32 $ |
| Approximate value of gold in ground per ounce $CDN | 110,00 $ | | | | Treaty Creek Resource in OZ. M. | 27,3 | 829,30 | 85,52 $ |