Once tmr/ibr start producing gold in Armenia and prove up the enormous gold resource in the ground I think the actual value placed on the remianing 14% will be staggering.To have these 14% out there in limbo when you have a company making asset like the Armenian reserves would unsettle me if I were HC going foreward on Armenian soil.Dont be surprised if one of the big boys is watching right now.They usually let others do the hard yards like set up the mine,iron out the bugs,put in the roads,then pull the carpet out.Indeed these 14% are going to be worth a sh.t load more in the future with the benefits of early ramp up from HC and his management team.Thanks Hugh,but be aware this collective 14% is/will go to the highest bidder and that the selling price will only get more expensive as time passes.
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