RE:RE:RE:RE:RE:RE:RE:Cynthia’s post on LinkedIn today Got it - but seriously - what's with all the cutting and lowballing and being 'conservative'?!? Here's my new math - using your much appreciated $350 number:
10,000,000 oz X $350/oz = $3.5 billion
$3.5 billion / 250 million shares = $14/share
Whether this gets sold to a senior for that down the road - or we sell to someone who takes it further and sells for $14 to a senior down the road - that is what we are sitting on. The longer we wait the closer we get to being able to sell for full value to a senior producer - and the higher the price goes as more and more gold is found and probabilities attached to the models improve. Don't get me wrong I don't want to wait - but it's gold - it's a durable, multipurpose asset. At today's price we're picking it up at $12/oz.
The upside is big using any math whatsover.
No debt. Careful diligent management. Great property.
Just a matter of time.