cheapest gold stock or any stock 4 that matter, page-30

God Frantic

You sound desperate. Just, as a very rough guide, multiply 1,400,000 ounces by $20 and you will have a rough valuation.

I'm not going to quibble about a $1M either way.

The problem with this valuation method is it doesn't distinguish between good grades over 3 g (for open cut) and poor grades which is what we have here.

Sure, the more you find the more options are available like scaling up.

Anyway, do go and find us a good smallish gold mining operation mining and processing 1.7 g/t dirt and I'll salute you.

But all you lot do is harp on about 1.4M ounces worth $800 an ounce etc. Absolute mindless stuff.

I'll even give you points if you can give me a mining analyst at one of the broking firms who reckons its a goer.