OK. if a buy out was on the table and JP and other big investors were signaling interest in it, i.e. that it warrants a vote, and my puny 0.1+% of shares ... then I would hope that it values the entire constellation of properties, prospects, work achieved. So I would base it on 1.8 Moz + 0.6 Moz (clan) + 0.5 moz credit for work progressing / prospect/proximity of Goodwin Lake and 0.3 Moz goodwill for other / big sky / depth at all other holdings times $250 per oz in the ground...so: 3.2 Million times 250 = 800 million dollars devided by 180 million shares - about $4.50 per share.
Anything less does not respect the value of these claims with the progress made in proving up / finding gold that is easy to mine, great proximity in the right jurisdiction at the right time.
Actually, now that I think of it...a billion dollars.
SKELEG