Re: What are we worth ? ....a new beginning.. !
in response to
by
posted on
Nov 29, 2011 10:48AM
New Discovery Resulting in a 20KM Mineralized Gold Belt
The figure of 500,000 oz seems conservative enough to me. I do not know if that is near enough to justify a mine with all its capital costs but I think we will get a higher figure anyway. My problem is that we should be running out of money fairly soon and trying to get more money at these prices is highly dilutive. Are we going to need more money before the resource estimate comes out?
Bob