Portee,

Just a couple quibbles with your numbers-

I think your value of $200 for gold in the ground may be a bit high, especially since there is no 43-101, much less a mine right now. I've seen numbers for other companies of $50, maybe $100, and even as low as $25 lately. Of course it all depends on other factors. We have positives in all of them- location, infrastructure, probably open pit, etc. Still, that means multiplying your 2+ million oz by 2x or more.

Second, do you really think the Richardsons et al. will be willing to sell out for $5? I think they know the potential, and will want substantially more, especially after waiting so patiently. Think $10, minimum. That means another 2x oz, for a total of over 8 milion oz! Wow! A big order, but one we just might meet...

ever the optimist,

spiny