It's complicated math....with an attempt to simplify...without causing too much distortion....

Argex (RGX) 6 million shares at .80 = $4,800,000

Gimus (GIR); now Lamelee Iron Ore Ltd (LIR); 43 million shares at .125 = $5,375,000

Mamba (ASX: MAB); 11 new shares for every 15 shares of Champion (CHM); I belieive 11 million shares of NEWCO; MAB now trading at .61 = about $6.100,000

46.7% ownership of Magpie; MOU with China's Pangang Group

Beauce Gold Project; for an initial 51% interest; $800,000 over 4 years; 1.5 million shares of BOW over 4 years; 3.75 million in work committments over 4 years; current share price of BOW at .11

Ring of Fire (Koper Lake) property optioned to Bold; potential for $16.5 million in cash payments and minimum 2% gross metal royalty (assuming Bold fulfills option agreement)

$2.1 million in cash from sale of 3 million Argex in July 2013

$950,000 in cash re: Non brokered Private placement in August of 2013

Adds up to a tad higher than our current market cap of $6.1 million