The trouble with your reackoning moto is :-
" but its better than that for tmr holders because they also have fantastic copper assets which make them worth more "
What a load of BS ---- in a few years time when copper returns to $1.65 lb , lets see how little tmr is really worth then.
With gold pushing $1,000 oz [ as most of the world's producers are anticipating ] and IBR is able to produce 200-400,000 oz gold , maybe you can visilise now the 10:1 earning capacity of IBR:tmr resources in a few short years.
If the maths are a bit beyond you , just wait till H C shows you in a few years time , I'm sure he fully understands IBR's huge resource potential-----guess where his efforts are going to be concentrated over the next 18-24 months......ask him yourself.
When Hugh proves up 5-6 million oz , that will support a 400,000 oz plant in Armenia alone , thats 200m$ net, 10 times what the Chilean copper resource could return.
So back in the tmr corner Moto and don't be sore you gave your IBR shares away.
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