RE:Cote MineOn February 24, 2012, Trelawney announced an updated mineral resource estimate for Ct Lake, comprising 35 million tonnes at 0.82 g/t gold for 0.93 million ounces of indicated resources and 204 million tonnes at 0.91 g/t gold for 5.94 million ounces of inferred.
Iamgold bought this off trelawney for $3.30 per share. (Not sure on #share outstanding)
gold price was at a peak in 2011/2012
I'd love to know how much is proven.