He was making a clever joke about buying MOY for the mill only.
The original poster said he only bought for the mill. The MCAP of MOY is $141m.
racoondog inferred that the mill is worth about $80m, therefore the remaining sum of $60m was overspent by the original poster.
Therein lies the humour, do you value cash on hand, 1m+ ounce resource, exploration drilling, future revenues at $60m? No, you certainly do not, you value it considerably higher.
And there you go.
MOY Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
