RE:RE:RE:Lower One way to think of value is the current 3.2 million ounces at 80% so their future share, then multiply by your gold in the ground price. So, I like $50 Canadian as the gold in the ground base price (when I believe something will go into production but is still a ways away). So 3.2*.8*50 = $128 million. Now, if you believe JC that the fall resource update will increase the resource by about 50% (I am hoping a bit more due to the deeper drilling) then you got 4.8 million ounces * 80% * $50 = $192 million Canadian. Now you could go lower on the $50 per ounce based on it not being at FS state yet, but you could also go higher because it is in a mining friendly jurisdiction without political risk to the project. For me, $50 seems a fair starting bid but I'm highly interested in other's price estimates for oz in the ground and rationales for them. Anyway, so very rough estimate, $128-$200 million for IMG's share of it.