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box927

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box927

Re: OriginalFred post# 450

Wednesday, 08/02/2006 8:49:17 PM

Wednesday, August 02, 2006 8:49:17 PM

Post# of 14330
Hi OriginalFred

Well it looks like getting a full time CEO maybe starting to work as things are starting to get done. I am not an expert but that IRR looked good to me.
Once GBN is at production of 215k oz (Burnstone) + 90K oz (Hollister 50% + royalty) what do you think the SP will be with 116 million outstanding shares. I have been doing some checking in the peer group and it seems to be all over the place. Would $7.50 be about right?
Thanks
Regards
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