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NB valuation... pg 39
posted on
Jun 03, 2008 05:05PM
Page 39 describes how they came up with $5.50.... I'm thinking easy double this.
They come up with $5.50/sh based on
3 mln oz estimate gold and an in situ price of between $150 and $200/oz.
I think we easily have 5 mln ozs and the in situ price should be at least $250/oz more like $300
