Rough calculationsNewcrest paid 3.8 billion for all of Pretium's nearly 10 million ounces. That equates to 760 million for 20 percent which amounts to 2 million ounces. We hold probably 5 times that in our 20 percent at Treaty Creek, plus the royalty. (Did anyone notice the sale of Great Bear Royalty to Royal Gold for 5 bucks a share last week?). so what is our ten million ounces worth? 3.8 billion??? Royalty???
500 million??? Current marketcap??? Undervalued, unloved,and unappreciated with the defining difference being that our gold is proven, not speculated upon as is the case in this sector with most companies! The market amazes me! I feel the buying opportunity of a lifetime around the corner with the big flush!