Post by
RatPatrol on Apr 06, 2022 11:35am
Value Of A CGP Share Part 2
Paradigm Researchers penned a note July 2nd, 2020 offering a range of values to help shareholders evaluate a SolGold offer to take the company over.
Paradigm calculated at that time a net asset value of $12.85 per CGP share.
What's different today?
JUST ABOUT EVERYTHING.
Higher values for silver, copper and gold.
Higher prices for SolGold shares (60 cents versus 36 cents).
A lower CAPEX expected due to improvements in the mining approach.
FINALLY.......
This new PEA / PFS or whatever -
It's been so long coming , it's an industry disgrace -
Is now expected out this quarter.
We c......
DYODD