Thanks Bargold no problems with your assertion but it was not...

Thanks Bargold no problems with your assertion but it was not intended to be a ramping post- just trying to state the facts as they are today. Based on todays price of gold, conservative guess on C1 mining and production costs. Naturally we all know the gold price can go up or down, costs can increase or decrease (unlikely) and capital costs and other overheads will be largely the same for the increased resource.

There is of course always a doubt that junior mining projects will get funding if economic conditions downturn, so any comments I make must always be in this context.

How you value an extra 94,000oz of inferred resourse is always open to debate until you actually get it out the ground so saying it is worth 30 cents plus per share is only one way of expressing it - naturally this and other forms of valuation must apply a discount factor of sorts.

Have a feeling you know quite a bit about Tectonic Bargold.