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Message: NPV of gold in the ground...

Here is an article about resource value of gold in the ground..is it reliable?

http://www.munknee.com/2011/07/how-to-value-a-junior-miners-gold-in-the-ground/

If the 43-101 indicated that we have 5 million ounces in the ground what possible value could that represent to SGR. If it was say $50 an ounce of NPV that could be almost $1.00 a share (ie $250 million). I realize this is a fool's game to try and estimate this especially in this market but it might be interesting to get some comments from some of the more knowledgeable posters on this board.

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May 27, 2012 11:41PM
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May 27, 2012 11:41PM
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Jun 04, 2012 01:25PM
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