Cash cost for MDL $441 (june report on their web site)How much...

Cash cost for MDL $441 (june report on their web site)
How much gold ??? maybe 3.5 m oz and will grow with time
Gold proce today, about $900
Net available is then about $450
So $450 x 3,500,000 is 1.575 Billion.

Plant cost and development...we dont know but put fat in and its $250m.....

So how much would you pay for this ??????

My guess is it will take some good $$ to grab this asset, especially with what is around it.

Old reports used to value it into the $2 to $3 a share about now on the development phase and the only change since then is Gold has grown in value.....

Therefore I still think that its a good investment, it will just take time.....