If using $100.00 an ounce for "in the ground gold," and if the Friday's resources eventually are calculated to be near 4m ounces, the resource value would be near $400,000,000. Would $3.75 to $4.00 a share seem to be the approximate value (+or-)? If only the Friday site is sold off, might it be within a year or so, given that there was a "steady stream of juniors and majors visiting PEM's headquarters" day after day during the recent Vancouver conference (per PEM).

The above does not include the silver or other metal's value, nor all of the rest of PEM's land holdings unknown resource value.

Can anyone else take a guess at this? Thanks in advance.