I long long ago posted that I had used 4 different valuation methods on our unique 25% of Schaft Creek and I strangely kept getting the same result from each method.  Not sure if any of you remember...my  buy-out number was $1.23 Billion.

That was Cdn $. 

With where metal prices have risen to and appear to be going in real hurry, it now has to be a minimum $1.23 Billion US.

In fact, if pressed by majors that they engage with, they should say that the auction would have a reserve price "well north of $1 Billion US".

JMHO