A repost regarding Brophy estimating several million OZ's in Vilcoro
posted on
Oct 28, 2012 10:59PM
Hey Rimcheese.
I hope you are kidding to think a proven find of a few million ounces couldn't make this stock hit a measly 2.80 again.
A 1 million ounce find in this day and age would be enough for a junior with this share volume to hit 2.80 again easy.
1000,000 ounces x $364 bucks/ounce in the ground / 130,000,000 shares = $2.80/ share
Theres your $2.80 bucks a share. And anyone who thinks $364/ounce in the ground isn't reasonable is not to bright.