Re: What are we worth ?
in response to
by
posted on
Nov 27, 2011 06:25AM
New Discovery Resulting in a 20KM Mineralized Gold Belt
given our current PPS this might sound a little rediculous but i firmly believe these guys will get the 43101 done and things will progress fairly quickly afterward.
assuming we got a viable feasibility study it seems many here assume that GNH will actually mine.. since many of you know management better than i do i'd like your take on the chances of GNH actually becoming a mining company or would we just be bought out like so many others.
i'd love nothing better than GNH to pull off the next OSK but the way the industry is working these days that seems unlikely to me. my guess is that once GNH sets a minimum standard for the 43-101 resource then the bigger fish will really start swimming around us.
frankly, with a market cap at $14mil... i'm a little suprised they're not sniffing around already. with 500,000 oz being thrown around i'd also mention that a MINIMUM per situ of $100 oz in quebec gives us a market cap of $50mil. expand that to 1mil oz and 200-400oz and you really have something..