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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: onepath who wrote (62536)12/14/2008 11:18:35 PM
From: tyc:>  Read Replies (1) | Respond to of 78408
 
Hi onepath !

The Silly Season is upon us! Fully diluted there are 400 Million shares. At present price of .11 cents the market cap is C$44 Million. Mt Milligan reserves have 4.6 Million oz of gold so the market cap values gold in the ground at less that C$10 per oz! (By way of comparison, in a recent BNN interview, OSK boasted that its market cap valued gold in the ground at $23 per ounce).