I was trying to research last night on what sort of value people put on indicated/ measured resource. As in per oz in the ground. All i could find out was that for inferred for IRGS type deposit it varies from about $40-$90 per oz in the ground.
I'm gonna assume that for a higher level of confidence you could add an extra 30% on top of that.
We a currently valued at approx $35-$40 per oz in the ground,not including RPM, Snowlake and the other investments.
I dont blame people for not valuing RPM at the moment too many unknowns. Hopefully that will improve with the next round of drilling.
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