RE:Ounces per share Dixiedee wrote: Shares outstanding including if all options exercised 20,049,477 shares
5,000,000 ounces / 20,049,477 shares = .02369112717583 ounces per share
X 150.00 per ounce = $ 3.55 per share gold in the ground is trading between 150.00 and 400.00 in the ground
High grade trades at a premium
shallow open pit trades at a premium
,safe jurisdictions trade at a premium,
good access to infrastructure trades at a premium,
gold in creasing price could add a premium
@ 10,000,000 ounces $7.10 per share
@ 20,000,000 ounces $ 14.20 per share
Even at the low end with no premium for any of the above and assuming we have only 5,000,000 ounces we are still under valued curently
I belive we will get some kind of premium and that we will have much more than 5,000,000 ounces
we just have to many high grade zones with to many high grade gold intercepts in a large number of core samples stretched over a large flault
shares outstanding 211,049,477 with options exercised
5,000,000 ounces
5,000,000÷211,049,477=0.02369112717583 Ounces per share
0.02369112717583×150=3.5536690763745 share price
10,000,000 = 7.10
20,000,000 = 14.20
gold in the ground is trading between 150.00 and 400.00 in the ground High grade trades at a premium shallow open pit trades at a premium ,safe jurisdictions trade at a premium, good access to infrastructure trades at a premium, gold in creasing price could add a premium Even at the low end with no premium for any of the above and assuming we have only 5,000,000 ounces we are still under valued curently I belive we will get some kind of premium and that we will have much more than 5,000,000 ounces we just have to many high grade zones with to many high grade gold intercepts in a large number of core samples stretched over a large flault