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Re: wshaw14 post# 168

Friday, 04/19/2013 9:14:22 PM

Friday, April 19, 2013 9:14:22 PM

Post# of 1870
PVG does look very inviting at these levels. Not sure but after reducing market cap by $28 MM or so for cash on hand it appears to work out to something like $20 +/- per oz for estimated reserve and resource in the ground (depending on what Snowfield cut one uses), and obviously no risk on Valley of the Kings proving feasible.