Your numbers do not really add up. If we have 100M tons at slightly higher than 3g/t (which I believe we ultimately be the case but will be hard to prove because of the nugget effect) than that would yield your 10M ounces of gold. At $50 per ounce (very conservative considering the size and blue sky and political environment) that would give us a MC of 500M at 150M shares fully diluted (I expect dilution) the price would be about $3.33...but I will settle for your $2.

Glorieux