Lots of good replies, and none are Wrong. But you say two things:

How many investors would not sell part or all of their shares if we open at $50.00 one morning.

First of all eveyone should have a sell Plan. Second, selling part is a whole lot different than selling all! I would always recommend to people I care about, to always take a little off the table. Sell a bit, get your investment back, then hang on!

Your price of $50, although it sounds good, I'm just going to put on a few previous post:

A X B X C X D X E

A = Volume of the 1 anomally in Million M3 (1800M X 1700M X 1300M) = 3978 Million M3

B = Density of host rock (quartz) usually use 2.7 T/M3 we use 2.5 T/M3

C = Scaling Factor: we will scale our numbers by 68% (so we'll multiply the total by .32)

D = Grams per T estimate (the bulk samples averaged 29 g/T, however, we'll use only 1 g/T)

E = 1OZ/31.1g (there is 31.1 grams in a troy OZ of Gold)

The Result of Gold Estimate, using only 1 anomally, scaled by 68%, and only 1g/T:

3978MM3 X 2.5T/M3 X .32 X 1g/T X 1OZ/31.1g = 102 Million OZ

Then you take Number Of OZ multiply by your guess at the price of gold in the ground, then divide by the outstanding shares. (I'm guessing $150 per OZ which I will show later should be way low!)

102 Mil OZ X $150 per OZ divided by 115 Mill shares = $133 per share

Here's my other post which compare three recent takeouts:

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