RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Cynthia’s post on LinkedIn today That's a lot of %s LL!!
A little more math before we open tomorrow and move away from $0.44/share.
If you subscribe to matlas' way of thinking and a $350/oz sale price, our 256 million shares outstanding And $0.44 share price equates to the Ishkoday having 322,000 oz of gold on it.
if you subscribe more to goldeni's way of thinking and is $150/oz you get to 750,000 oz of gold on the Ishkoday.
Multiply both of those by 2 since no one would pay full value of a future deal today and you get 650,000 oz and 1.5 million oz
Does anyone in their right mind believe that this is how much gold is on that property?! That the Ishkoday has captivated and occupied the lives of so many people and organizations - because it has less than 1-2 million oz of gold?!?
Count up the things we know about gold and the gold industry - add on a large, easily accessible deposit - a diligently run company with a responsible and ethical CEO - and then apply a single discount rate to account for all the things we don't know - exactly how much gold - exact timing of a transaction - and I say for sure you get to numbers way over $1.00 and likely more up around $2.00/share.