I've put a list of three recent takeovers, just to get everyone thinking about our future. First, lets be sure we know these are all approx figures, and I'm only showing the gold reserves at the time of the takeover (not future potential, not silver or copper etc)
I will list the Company being taken Out, the year, the Company buying, the approx buyout price in Billion $, then in BOLD the approx gold reserve in Million OZ, then in BOLD the equivalent SLI share price taking fully diluted shares into account (also keep in mind, with the info in our link library, and the Math we've done, my post from yesterday, IMO, we have great potential to have a gold reserve of 100 Million OZ or more, obviously we have nothing till we drill, but...)
Ventana, 2011, EBX Group, $1.43, 3.5, $12.43
Andean , 2010, Goldcorp, $3.6, 2.54, $31.25
Aurelian, 2008, Kinross, $1.2, 13.7, $10.43
Aurelian will stand out as quite low numbers, but you need to google & watch: "Betrayed:the story of Aurelian Resources"
As you can see the buyout prices per OZ of gold in the ground varies substantially. The gold reserves seem low in comparison to what we think we may have, and you can see the equivalent SLI price per share.
The average gold reserve from the three examples above = 6.58 Million OZ
The average SLI equivalent share price from the three examples above = $18.04 per share
I don't want to calculate the equivalent share price based on 100 Million OZ, because the numbers become very mind boggling! You do your own math, and realize what really our SLI potential might be!
But, 100 Million OZ is over 15 times more than 6.58 Million OZ, so what is 15 times more than $18.04?
I hope this helps put things into perspective!
Bow2u