How about my valuation of $1.44 per CUU share based on Goldcorp purchase on Borden project in Northern Ontario, with only the gold at Schaft Creek taken into account? What are your thoughts on that. Northern Ontario is a lot closer to BC than Congo from a political / economic environment point of view. What conclusion do you draw from that? You always like to look at both sides of the coin, so what does that side tell you?

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I haven't researched the Goldcorp purchase so I can't really comment on it in a meaningful way.

I can only assume (possibly wrongly) that it is an apples and oranges comparison. Are the capex costs similar, road access, grams per ton, etc.? There must be more to the story.

The valuation of a project is a complex thing, not simply pounds in the ground.

Congo does have huge stability risks politically, but has the benefits of very low cost labor, lower safety and environmental standards, and a corrupt government that can likely be bribed into almost anything. Congo isn't a good place to do business for sure, but its not all negative. We are in a stable political environment (depending on the next election anyways) but costs to operate here are high and now in the wake of Mt Polley - very stringent environmental controls. Add to that possible first nations and alaskan eco-activists interfering with the project and it isn't all roses here either.

Just sayin - there are two sides of the coin...

I believe SC will be a mine in the not too distant future and will clear all the hurdles in front of it. I think we will see a good return from where we are now, but in my personal opinion (don't shoot me for having one), I don't think we will see over a dollar again.

Just an opinion from a retail shareholder not involved in the mining industry. Take a handful of salt with it.

I do hope the more optimistic predictions come to fruition - I would love to be dead wrong.