Single largest resource payout ?
posted on
Oct 29, 2011 07:04PM
I am curious as to what the single largest payout
has been for a jr gold exploration company ? I appreciate
the research that others have done to support a projected
share price for Sli based on ozs in the ground.
Others have researched Aurelian etc based on
oz etc. My issue is the buyout price for a possible
greater than 20 million oz gold deposit. We are unique
in this regard. These multi-billion dollar estimates divided
by outstanding shares provide a monumental indicated
share price. Is this outright fantasy or reality based
on " Real History " .
Bow, Sculpin, Hog and others support these projections
I do also. Does anyone know of a mining company that
has paid out $ 5.0 billion for resource such as Tesoro.
Voisey's Bay comes to mind for a nickel resource.
Cal2000
Cal2000