So, we may have 23 million ounces of gold in T-14. I beleive this anomaly may be of average size or smaller than a lot of the other anomalies. So, 19 high priority anomalies that may contain an average of 23 million ounces = 437 million ounces of gold.
Barrick has the most proven and probable gold reserves in the world at 138 million ounces as of dec 31/09. They are currently trading at roughly $53 p/s with a fully diluted share structure of 903 mil.
So, if we have 138 million ounces,with 7.5 times LESS the amount of shares out as Barrick, that should make us worth, 7.5 x $53 p/s = $397.50 p/s
Newmont comes in second (or third) with 92 million ounces in proven and probable gold reserves as of late. They are currently trading at roughly $61 p/s with a fully diluted 486 mil shares.
So, if we have 92 million ounces of gold, with 4 times LESS the amount of shares out as Newmont, that should make us worth, 4 x $61 p/s = $244 p/s
How fantastic are these numbers really?
And by the way, excellent post BOW, IMO, the potential here may be underestimated.