Question answered: $12 million capitalisation was way too low for Cluff.
Now could someone tell me what an operation like this is worth?
They report having the projects: gold, tin, gems, platinum.
Various tenements
The funding
Deal done with Varun
How does it stack up against other companies in this bracket, should it be a $50 mill or $150 mill?
If the tiny sample panned in Madagascar coughed up 6 pieces of gold does that equate to 15 grams per ton or 25 gpt (convert to ounces) and if they observed a 2.5 metre wide quartz vein with the locals working the surface of a 1km long section how many tons of rock is that? Include the current price for gold and that all equates to.....somebody....
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