I agree ... I hope our management isn't holding out for too high a price ... nst/sar are buying bolt-on gold assets for Carosue Dam ... on this basis you would think they would be looking at Rebecca. By the same token I hope nst/sar arent playing too harder ball ... nst/sar share holders deserve the value creation that comes with ounces on a producers inventory ledger rather than an explorers. At the moment our 1 million ounces are worth 100mill minus 40mill cash (60 mill net ). Divide 60 million dollars by 1 million ounces and you get $60 per ounce. Some producers indicated resources are values at closer to $500 per ounce.
disclaimer; just my opinion so do your own research
AOP Price at posting:
33.0¢ Sentiment: Hold Disclosure: Held
