Moydow Mines fka MOY

[Ed Monton]

I would say the enterprise value of the company may be 15-25 cents per share and that would include all of their mineral properties. Botwood probably isn't worth that much alone or if it is the company is keeping it a secret (along with everything else) because they have never released any information on their Botwood claims.

The value of 2% NSR is difficult to pin down. It depends on how many ounces Newmont ends up mining and the price of gold when the mining takes place. Anywhere from 7-12 million Cdn is my guess.

Cheers