RE:Based on projected reserveWe need to wait until the new mineral resource update and projected PEA. Once we have that information it will be much easier to estimate a $ value per share buyout. It will depend on the price of gold, grades, updated info on Gilt Creek (2 drill holes, mine plan, under ground mining approach, gold process recovery). We know the recover rate for Wenot so I would suspect it will be similar. With gold hovering around the $2,600-2,700 range I would think with Wenot and Gilt Creek together the potential for a Tier 1 mine between 5 - 6 million ones is probably likely. With an after tax NPV 5% of probably over 1 billion dollars I would think we should be north of $1/ share. On one of the other chat sites and estimate of around $1.60 a share was estimated. But saying this it is all speculation right at the moment until we get more information.