Yes, on reading into the article more it becomes apparent that when Kinross purchased Aureleian in Equador, the price they paid was equivalent to costing them $88 per oz of Au. Not a bad margin!
If the same parameters were applied to San Anton Resources, it would imply a share price of $8/share, or +20,000% more than they were a few days ago, 4c. That's all hypothetical of course unless a predator gets them in their sights, which nay never happen. Would certainly fire up some interest in this forgotten baby though.
Safehaven Preservation of Capital article 12052 for anyone who wants a read.
DYOR. One day you'll thank me.
KMN Price at posting:
6.7¢ Sentiment: Hold Disclosure: Held
