not really an apples for apples comparison because. the Open pit reserve mining inventory isn't that high when compared to the overall global resource. In the event of a takeover i think we'll only be valued on 'real mineable' potential and real upside. There is likely a TO or merger on the horizon, because, historically, news of a project being shelved are company killers and initially it did, however, on no real new of any changes, we're valued slightly higher higher then what we were before the bad news... I'd be happy with valuations around the $160-180million range
BDC Price at posting:
6.8¢ Sentiment: Hold Disclosure: Held