I'm not as knowledgeable as some of you, but I've found using $850 POG (Detour Gold's model) still makes Magino very economical. I like to caution toward very conservative figures. So using Tara's Hasson's figure of mineable resources of 2.85 Moz I get,

$389 ($850-$461) X 2.85 Moz / 314.1 Mil Fully diluted shares = $3.53 a share

Not a bad price when using such conservative figures. With higher on the way.

Personnally, I hope we mine ourselves instead of waiting for some lowball offer from a major. I believe there's more there than just an open pit.

So looking forward to the upgraded resource estimate in June, and of course the Full Feasability by the end of the year. Then, the big descisions can be made.

Hang in there faithful,

HF