ithink they have to be very conservative on evaluating an alluvial deposit and just 16000 ounces equates to $16 million at $1000 an ounce, does it not and my guess is it will prove to be way in excess of that when they start the process.even washing that amount of dirt i will bet they turn up more than 16000.so it has to worth something per share.
first sellheim alluvial gold resource, page-12
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