T&J, in that post Sculpin did you're referring to, I think he was just grabbing some average numbers (I should not speak for him, but that's what I assume)
Lets look at his example, with some real numbers. He was saying what if there was only 25 Million OZ (Only? that would still be awesome!)
Share Price = OZ X price per OZ in ground divided by total fully diluted outstanding shares
$10 = 25 Million X unknown divided by 129 Million (approx # of shares)
Price paid per OZ would be $51.54 to give a $10 share value. We know that is way too low!!
So, lets say they pay below the average going rate presently, which is between $700 & $800 per OZ (so, lets use $150 to be conservative & I always use that, even though we all know it is extremely low) That would give you approx $30 per share
If they paid what Andean got a year ago it would be $252 per share
Even 25 Million OZ, would make us all extremely happy shareholders!