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5,469 Posts.
769
10/12/03
13:40
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My rule of thumb is that a proven deposit in the ground at low production costs would be about $-150 mill per 1 mil oz.
This deposit looks like a botom figure of 650,000 oz--mind you this is very low from what could easily tuen out to be many times greater.
So as time matures we could look at $100 mil Mkt Cap--the problem is WHEN?
Todays price of 10 c is way below any possible figure.
By the way many HC non-belivers owe Stocko an apology on this one......
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