kmc - gold price and hui index, page-5

in terms of looking at investments as % ownership of the entire company, this is my biggest investment... And by quite a long way.

Until 15c, it is nuts. In terms of a fair value for a company with good credentials a good drilling target where they have already proven economic viability i would be thinking at least 60-100 million today. If they can get a 1mill oz resource, IMO this could be 150-200 with a year. Especially if gold hits 2k.