Good points, Herb. I'll run those numbers for us both. :-)

So...

= 100,000,000 tonnes

X 3 g/tonne (avg resulting from previous bulk sampling)
= 300,000,000g

divided by 31
= 9.68 million oz of gold

X $90/oz
= $870,000,000

divided by
140 million shares (assuming only 10 million bucks in further dilution)

= $6.22/share