So assuming hat the claims still exist, assume the claims are good, assume there is a JV with gold and not mail order shave club; the JV partner would take most of the cut of any profits?
What's that cut after expenses of 600-800 an ounce. Maybe they take 90%. That would leave 10% of which 7 or something goes to net smelter. That leaves 3% of 400 an ounce net profit to GNCP or about $12.
After GNCP gets their little piece they still have to pay managements cut and then pay all the preferred shares dividends. What would be left after that for common? Anything, I wouldn't be counting in millions?
Try some real numbers using math and show me what you get?
NCP- Who said GNCP was digging up any of it. Their New JV Partner’S will be handling all the heavy lifting. Got GOLD $$$$$$