something has to happen, page-14

Some interesting thoughts and good to see that everyone agrees on the potential even though it is taking forever to get there.

I see we have a few posting on the potential price of $1-40 to $2 next year. So I thought I would throw my two bob in, but using another company to compare and using back of the envelope calcs.

I have watched PNA but know little except it is in LAOS and they have approx 1.2mill ounces of gold, 810,000t of copper and 4.8mill silver. This equates to approx inground value of $7.4bill. Current M.Cap of PNA $1.6bill. They have other projects close by which I will add a $1bill to the $7.4bill. value.

If you divide the M.Cap into $8.4bill you get a factor of 5.32. Apply this to Cqt of $2bill inground value which is not far from being confirmed, and the M.Cap = $375mill then /275mill shares = $1.37 share price for cqt.

Now I know that the project for PNA is near completion and in Laos etc therefore how can you compare? All I tried to establish is where CQT could be heading and whether the $1.40plus call by you guys was not pie in the sky stuff.

All it takes is CQT and GF to give us a few more good holes in the new identified area then we really will be moving upwards of $1.40. It is certainly not impossible.

Only a major nosedive in Gold price can scuttle things but as Siammeseparrot posted on where gold is heading, I think we should be okay.