PI am no expert ( but this is more interesting than the job at...

P

I am no expert ( but this is more interesting than the job at hand) but I can make some pretty obvious statements.

1. Its worth what the market is willing to pay.

2. I think that we can inferr that all things being equal ( becoming a producer, high grade, low cost, multilpe mines ) that MCO is worth as much and if not more than the two below companies current MC.

3. MCO in the next 12-18 months has to be a 500 mill company.

4. This all changes of course if gold hits $1500, public starts to buy into gold stocks etc then I will be selling mine at $50 and $100 a share whooo hoooo .

Lots of new, lots of potential........ Just got to wait to see those grades. What will the market do if the head grade to begin with is 55g/t? (probably blow us a raspberry)

Below is the comparison posted previously.

Pulled this from the SLR it is a comparison of SLR and IGR.

Just found the MC cap, Resource, costs and grades interesting. Added MCO in for effect. MCO still looks good, OK awesome ( since that is the new adj.

Market Cap
IGR with 483M , $0.64
SLR with 432M , $2.40
MCO with 100M , $0.40

Resource Estimates / Totals
IGR (from annual report) 1.8M o/z
IGR due for increase
SLR Already 2.5M o/z
MCO 1M o/z ( GF 250-500%)

Grades
IGR (annual report - total estimate) - 2.7g/t
SLR 4.4 g/t
MCO 12g/t ( soon to be 24 - 55 )

Cash Costs
IGR A$575
SLR A$553
MCO A$??? - ($175 - 600)
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