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Message: Re: GRC VERY undervalued
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Feb 09, 2010 10:27AM

Great message ....how can you be a lazy investor but still do all that work!!!! LOL

Just a quick question...You use a value for ounces in the ground of $41.88. It appears you are using the current value that is being applied and just adding in the possible addition of resources through drilling. Is this value of $41.88 below, at, or above the value given to other projects with reserves in the ground? and, if I may.....Where would the sp go ...say under scenerio d) if you apply some value that is more representative of what has been paid elswere?

Lets dream a little!!!

Cheers

Eric

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