That is what we need to prevent, if something is worth 100 billion per JPG, why would you give an option on it for 10 million? Dont you think that is foolish? Please help me understand what Im missing?
He may be giving it away brilliantly. We don't know the deal. There in lies the problem. You are guessing, and I am guessing. Not a good way to invest.
Also remember Scott can not legally say that this property is worth anything. He has not developed the property to NI standards to determine value. He can only give weights and grades based on his small amount holes worth of drilling and a trench. When he approaches investors he wouldn't be able to present a package that included $ vales. The investors would have to see the potential on their own.
100 Billion may end up be an underestimate in my opinion. But for legal reasons of current development........... Scott must present an estimate of 11 million tonnes at a grade of 0.4% to .5%.
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