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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: E. Charters who wrote (173603)8/28/2009 9:48:47 PM
From: Metacomet  Read Replies (1) | Respond to of 313053
 
The Mongol-phobia notwithstanding, which is probably what punked their price, as it did Ivanhoe, the question is what is their chunk worth, assuming they probably have claim to about 15,000,000 million ounces of gold and and corresponding copper, all costs carried to production by the elephants in the deal.

And that is just on what they have disclosed. They haven't said shit for 2 years now, because of the bozos they were dealing with.

But the drills have been going nonstop in addition to exploring from the base of the completed 1400 meter shaft.

In addition Entree has discovered coal in another region.

So the question is, ignoring the Sons-of-Genghis, who have capitulated in the face of abject poverty, what is this thing worth based on sheer mineral value?