RED v GOR, page-24

goldfarm, from your original post, RED has 3 times the number of shares to GOR. However, with GOR at 50% stake gives them 150 oz/yr to RED's 200. My quick calculation says RED has 25% more gold output so we could put a 25% premium on GOR's book value making them up to $1.5 billion max. Currently at $600 million. That would be 2 1/2 times current value or about 60 cents per share. I think $1 plus is a bit of a stretch but a nice dream. Would take a lot of ducks to fall into place but who knows.