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Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE

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Message: Re: Potential buyer for our Vilcoro and/or Cueava Blanca?

Sculpin, I don't really see any math we can do on the Vilcoro at this point.

What I do see from the link you provided though, is the following two things:

may spend as much as $1 billion to add gold assets.

looking for assets with a minimum annual production of 150,000 ounces and reserves of at least 2 million ounces of gold,

What this tells me though, is they are willing to spend approx $500 per OZ in the ground (2 Mil OZ @ $500 per OZ would be 1 Billion$)

Give or take a bit, but no doubt much higher than the $150 per OZ we use in our Math, to give our triple digit share price, even after all the scaling!

I truly believe, we have been on the conservative side with all our Math, even though we know it's still all speculative at this point.

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