Oh be real Hilll Top!,,,, The assets a grotesquely understated!
If Jay and I wanted to buy into this deal, The cash value for the 20 year co-op deal would have a 20 mil value alone! The Cangalli shaft and Chaco open pit have a published value of 5.5 million onces! Based on a production cost of 275.an oz. that would leave more than a 100. per oz profit. 100. x 5,500,000. = 550,000,000. ( FIVE HUNDRED AND FIFTY FIVE MILLION DOLLARS at the lowest value! ) 555,000,000 / 88,000,000 = 6.25 !
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Gosh I must have the wrong Golden Eagle Company---????
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Well,,,What about this Hill Top? |
