Post by
goldman17 on Jul 29, 2021 1:43pm
-Douay-has a 43101 showing 3.2 mill/ozs in 2 catagories-not
counting the results we r waiting for--3 million ounces in situ @$396.00-oz--which is the going price for high grade gold -that will be strip mined-in a safe country like canada-=thats $1.2 billion divided by approx 300 mill sharesis roughly $3.00/share-thats not counting new drilling results or any value for eagle mine project-soooooooooooo-lotsa upside comingggggggggg
Comment by
jdgreat1 on Jul 29, 2021 2:39pm
Not to argue the numbers you have used, at least the logic has to be right i.e. should not be splitted into half or multiple 50% for MGM? still good to me $1.5! :)
Comment by
goldman17 on Jul 29, 2021 7:30pm
I stand corrected-that number does need to be cut in 2--but i was only using the 3 million ounces they hve prior to any new drilling results--surely all these new holes- -and their NEW UNDERSTANDING HOW THIS DEPOSIT RUNS-THEY WILL EASILY DRILL THEIR OWN 3 MILL. OUNCES-MAKING MY ORIGINAL PRICE CORRECT -PLUS THE VALUE JUATEY & THE EAGLE MINE--