spin off value assumptions..., page-42

seals
why would you post 9c on one thread and then place a value of $2.65 on the shares on another.
which is it t4p?
the grades might be fine in and of themselves. but its a small resource. How much will capex be on this development?
Lets say they get away with $10 mill which they are unlikely to but that leaves this entity with $76 mill of in ground value. Thats the equiv of 110,000 ozs of gold at $680 usd/oz
What is a company worth who has a massive resource like that?
If you are saying its worth 9c then i support you. $2.65 then its just another sophisticated ramp.

andrewe