RE:100$ is the new 50$$100 cdn or $73 US an in situ oz is an eminently reasonable valuation for Teuton's 6 million ozs or so of gold in the goldstorm deposit, as long as the PEA results significantly derisk the project.
The metallurgical recovery numbers from the A 100 zone could reduce my guesstimate of in situ value, however. As to the seabridge tunnel route well how on earth is rudy going to tell the tahltans that he is going to sterilize the goldstorm deposit and thereby deprive them of the tens and tens of millions and perhaps even hundreds and hundreds of millions of dollars in benefits that would accrue to them from mining it...
the biggest problem for teuton shareholders is the pennies on the dollar er.. uh approximately $36 cdn an in situ oz or $200 million or so that the unsophisticated penny stock speculators in the other company appear to be willing to take for their interest in treaty creek. I cringe when i see these short sighted unsophisticated bleeps posting that they will take the paltry offer on the table and then use the proceeds to pile into tud and tuo. I won't call them mining park trash but they make larry look like a choirboy..
@ $36 cdn per in situ oz or for $200 million teuton shares would equate to $3.90 per teuton share.
@ $100 an oz cdn per in situ oz teuton's share price would be almost 2/3 higher then $3.90.
Our best hope is for a major miner to step in and make a more realistic offer for the 20 % interest in treaty creek... And why not .. how many potential tier one mines that can produce between 500k and 1 million ozs of gold equivalent per year in the world.. you can count those opportunities on the fingers of your hand.. and not many of those are in a politically secure jurisdiction.
I don't know what the PEA will produce but one of its potential results will be to officially put the tier one status seal of approval on goldstorm..