“PG” Exploration/Merger Update
June 29, 2011
Hardrock Deposit:
100% Target Resource Value: C$788,000,000 (AMC/oz.valuation basis)
∴ GRC’s 30% interest = C $236,400,000 / C $2.25 GRC share;
Other Research Reports available include: Canaccord Genuity, Stonecap Securities, Octagon Capital, Mackie Research and Versant Partners