Relationship,
I'd be interested to see your calculations for determining the $150-200m value of gold that HDY has in the ground. From a quick look I assume you're adding the Grace Inferred Resource and Exploration Target ounces together and multiplying by the spot price? If so, be careful of what resources and targets represent and the cost involved in testing them, let alone exploiting them.
I'd also recommend caution if you believe 1.35g/t Au (the announced Inferred Resource grade) as being high grade. It can be definitely be economic if there is enough of it at shallow depth and the metallurgy stacks up, but there is a lot of work and expense required before project economics can be evaluated in detail.
You are obviously bullish on HDY and I wish you and holders good luck but, if you are not experienced with exploration plays, do be mindful of the risks involved.
Good luck!
Bornite
Relationship, I'd be interested to see your calculations for...
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