And the market value of a company is $1.7B is the company overvaled or undervalued?
What are they using as their gold and silver price estimates?
1600 and 28 this year 1400 and 25 next then 1200 and 21 for last 17.years......imagine value at 2000 and 40 instead....
From the press release:
"Proven and Probable Mineral Reserves were calculated using an $800 per ounce gold price and $14 silver price. Measured and Indicated Mineral Resources were calculated using a $1,200 per ounce price for gold and $21 per ounce price for silver."