Ya no doubt, I'd say you're still conservative Sculpin. It's not just 15 times more, that $9.00 figure, don't forget is 1996 Money, and you know where the price of gold was. The deal said it was based on between 3 - 7.7 Million OZ, which was between $97 - $250/OZ. Bottom Line it was just over a 1 Billion dollar takeover.

I didn't mean to downplay this at all, but the Math is the Math. And I think we all know the Math on Tesoro, no matter how ultra conservative to try to make it, looks so very exciting!