Like to quote Vette " Money is what you pay...Value is what you get"
We need to "Find the Value" of our 100% working interest in Shaft Creek
Lets say in 2002 its value was $15 million as cow pasture
Along comes Elmer and his exploring team
Move the clock forward to 2012 and it now has a value of $100 billion plus ( only a guess ) as a mining district.
My question would be: Who gets to put a price tag on this?
Teck, who optioned the cow pasture back in 2002
or
Copper Fox aka Elmer Stewart who discovered the mining district
I think when the value and price are determined. IMO by Copper Fox
Teck will need to recognize the "Value" that Cooper Fox has unlocked in the
last 10 years. I believe a lot of money will change hands.
So the challenge as I see it is to discover "THE VALUE"
Discount the backin
Do the math
Go to the bank
Just my opinion....
Fastfox