Golden Hope Mines

Golden Hope Mines Limited is a junior mining company trading on the TSX Venture Exchange under the symbol GNH and on the Pink Sheets in the U.S. under the symbol GOLHF.

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100 MT at 3 g/t

Golden Hope Mines

about 14 years ago

in response to matt025's message

Ok, so I just wanna go back to a calculation I posted a while back about our current sp (at that time) being valued for ~30MT and it seems others were in agreement with that. I said that 30 MT at 1 g/t and 75$/oz gave us our price of ~$0.55.

So, if we do prove up 100Mt at 3g/t (let me dream, please), THEORETICALLY that alone would bring us over 5$. Even at 2g/t we end up at about $3.66. I realize that this is based on a 75$/oz in situ value but I think many people have already stated that that's reasonable in our case.

Someone please tell me where I've gone wrong here because our sp reaching these numbers in such a short period of time seems like a dream to me.