What is the value of EXM, Do they have Gold, Do they have copper.
Currently the company cap value is around $31m, If they have a Gold reource of 1.1m ozs and it cost around $360 to mine per oz then resource value on present gold value would work out to be $638m. This would make each share value of around $0.23
However if they increase the resource to over 2m ozs then the value increases
valuation
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