RE:insitiu valuenofluff wrote: With a producing mill is worth way more than a deposit with no permit.
At 3.00 copper highland valley copper bought out there minority partner for 50 cents a pound. Copper at 5.00 a pound should boost that insitiu to 1.00.
So tko is much lower grade than hvc so lets say 50 cents insitiu value. 2 billion pounds tko share would be 1 billion insitiu to the astute miner. That would b 3.00 cad sp. Add in 300 million cad ebitda per year times 5 for 5.00 more or 8.00 sp.
Flor insitiu should b a 1.00 insitiu for 2 billion or 7.00 to sp for a total sp of 20.00 with other deposits contributing a bit. Sentiment is not there yet but with some continued positives, we will head that way.
nf
A couple bags would be really nice right now.