FYI.http://www.edisoninvestmentresearch.com/researchreports/goldo...

FYI.

http://www.edisoninvestmentresearch.com/researchreports/goldone160813update.pdf

It's a commissioned research report, but I do like Edison. They've come up with an adjusted NPV with a long term price of gold at ~$1650 to give 38cps without Ventersburg. They also conclude it's highly likely there will be a takeover offer made. Based on this 'commissioned' piece, I would suggest this would form the baseline of any offer, which makes it an interesting opportunity to make a quick buck. Though I'm very wary of companies with such small float (7%)... These sorts of stocks are breading grounds for 'information asymmetry' issues....

It's something of a throwaway line on HC, but not for nothing, Good luck.