I hope RE or PEA is enough - lets flip this thing?
OK Hoghead, lets flip VD. How much do you think we should ask for it? How much do you think it is worth?
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We don't even have the RE yet?
I think in this market it will sell for what the purchaser is willing to pay.
I don't claim to be a qualified person to value this and I don't think many of us here are?
Simple logic though, you can see the basics. If a project is more proven it has to be more valuable?
Do you really believe we can drill 5 holes that confirmed the historical estimate - didn't expand it, and think our project value has increased in value 50 fold? You are welcome to think this, but don't get upset if someone says "hey, wait a minute, is that right?"
Lets wait and see what moose mountain comes up with?
Prospekt is right. The local purchaser makes sense.