Will drop like a rock when investors look at this project realistically! Got out at unexpected level due to overvalution. Will get back in at much,much lower! you have been alerted. GLTA!
200,000,000 os X US17/oz = US$3.4 billion divided by 50mm shares = US$68/share, then doscounted by 40% = US$40+1. There will be additional resources.2. Costs of extraction and production are not factored in.3. Shares are not overvalued. The uncertainty of their partner's intentions does keep the share price down.
NICE TRY ackerson.Try listening/reading this:http://audability.com/AudabilityAdmin/Clients/MAGSilver/10826_332010113000AM/primary.aspx?Event_ID=826BMO : PRESENTATION.
Care to put $$$ on your contention?