I guess Snug's comments were directed at what a couple of us posted, mine being $48/share :) I was just extrapolating some numbers that exist for fun. After all, $48/share does sound completely off the wall, especially when we were calculating the numbers on just 100 million tons (that being a very small portion of the property) and using a similar situ as Osisko's Malartic. GNH's Bellchasse will definitely be more economical, as we don't have to move a town, and everything is there via infrastructure, personnel, etc.....oh, and we do actually own the property of The Belt.
But the average grade of 5g/t used is rather high. We as shareholder's would be very satisfied if GNH could prove up a grade half of that, even though Tilsley thinks it is more than that.
The work continues and time will tell us..<?>
Just dreaming....
:) Skier