neddo wrote
"there is an Exploration Target of 302Mt to 347Mt @ 4.4 to 5.0% zinc + lead for a combined total of up to 36 billion pounds of zinc and lead metal (at a 2% zinc cutoff)"
So hypothesising here say the company has a market cap of $100M based on that 36 bullion pounds above then each pound of zinc it would potentially have is worth around ONE THIRD OF A CENT in ground seems a potentailly cheap resource, when it can be sold COF for $1,00 a pound.
Realise its quite stupid to value an inground resource but obviously there is potential here.
As Bill Birch and Muldoon would say "THink Big" , mind you look where it got them
Ann: Becoming a substantial holder , page-17
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