Boom Trader: With a very (overly) SIMPLISTIC look at this, one could argue as follows:
530'000oz gold = current shareprice of, say 2c
2.5 mio.oz gold/copper
= approx 5 times current=projected shareprice of, say 10c
Or do I perceive this completely wrongly ? Might take ample time to get there, but this is how I view it in VERY SIMPLISTIC terms, of course. Any comments welcome !
wasa
multiple high grade pods, page-30
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