Post by
Yepnewpapy on May 10, 2024 11:23am
The golden star.....PARBEC
2018 43-101 report indicate
Inferred 656,855 Oz Au + Indicated 37,224 Oz Au = 694,099 Oz Au
Upside from twinning historical zone (700,000 Oz Au) 3d model latest and future drilling
694,099 X 2,300$ = 1,596,427,700 / 340,736,118 = 4.68$ value in the ground per share
Crrent market 0.015¢ vs 4.68$
Comment by
jdunlop on May 17, 2024 8:20am
Hello Yepnewpapy, gold in the ground is valued at much less than $2300 US/oz. There are many variables in trying to calculate a value for gold in the ground, some are: open pit, depth, grade, location, etc. Cheers.