Most of us hold TMX for the potential aquisition.
I am trying to value the current asset. If you are interested in the gold TMX has please help.
Prior to the recent drilling result TMX had 62,805oz of gold(2012 JORC Compliant Mineral Resource- Measured, Indicated & Inferred).
Current gold price is USD 1225/OZ
So the value is 62,805*1225= USD 76,936,125
Is this correct?
Am I doing someting wrong?
Prouction at Great Western, page-53
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.298M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 11497143 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 16696922 | 8 |
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