takeover, page-45

Fair enough bootleg, although I cant see how it can be low cost due to location. But if so why is GPN so cheap (70% of YRR). If its low cost and worth $17bill, lets be ultra conservative and say profit of $1bill over 50 years, $20mill a year profit multiply a PE of 10 gives you $200mill marketcap. More realistically $10bill profit on that sort of deposit, $2bill marketcap, increase PE to 20 maybe $4bill marketcap.

You see thats the part I dont get. The deposit has been known for some time. Why isnt GPN/YRR truly valued or even a subset of this value?

What pieces of the puzzle are missing and not being portrayed?

Call me sceptical, I have found this a very important trait to have when it comes to investing in the markets.