InvestorsHub Logo
Followers 12
Posts 651
Boards Moderated 5
Alias Born 09/11/2017

Re: continuity post# 2480

Monday, 03/21/2022 11:37:27 PM

Monday, March 21, 2022 11:37:27 PM

Post# of 3065
I heard Eckhof doesnt want to drill. His focus per his history of such ventures, is a buyout. 4.4MOZ already confirmed from company, thats billions worth of gold at the moment. Any major who buys this out is paying no less than $500M. .0075 .0125 and .015 are when their performance shares are exercised and they expire in May, I believe. 23B OS currently, 31B OS will be the final amount at buyout w the performance shares added. 500MC at 31B is .0161 and to me thats VERY low with their current supply and more to come. My guess is 1.5B MC (.048) at current assay results, 2.5b(.08) if they get 8-10mOZ. Majors are looking to snatch heavy supply at a discounted price that will benefit everyone...