C, You asked,

"Has anyone developed a target, or a guess at what this could be worth when gold finally emerges from its slumber? What could ts property be worth based upon how these juniors value to gold's price in the ground? What is the potential for reserves such as this assuming "take under" does not happen"

In March this year Webb spoke about a valuation of $100-$150 per gold ounce in the ground for those companies with economic studies completed.

Minefinders, a company about to have its first gold pour, is now valued at about $40/oz.

Clearly valuation is market/timing dependent. So, it's all over the map. A moving target. My sense is that the valuations will be much much higher in the next several years. ( How much lower could they go at $3/oz.? Geeezzzz)

B