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gold56

07/21/11 4:24 PM

#66995 RE: newuser #66994

Maybe the reason it's taking so long is that are doing an inferred resource estimate on Big Chunk and BH also!...That would be interesting to see what they came up with!
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xZx

07/21/11 5:10 PM

#66996 RE: newuser #66994

i've thought about that, too, the valuation due for BCSP from MLV. perhaps there's some way for them to ballpark the estimate, so the market will have an awareness of it, without them putting a specific monetary value on the claims. that would also skyrocket the price of our equity imo, but maybe without affecting the deal making side of the equation as much.

then again, if you're MLV and you want to make the most bang for your buck (equity value & success fees), you might want to advertise a price tag on big chunk far and wide. that strategy would probably bring a lot more bidders to the negotiating table. i'm really curious to see how this plays out!