RE: Realistic2 May 2018 10:40
Alpala is my initial base for valuation and IMO it alone is worth �1+
However, we have 73 concessions throughout Ecuador with 5 more significant porphyry systems.
La Hueca, Florida, Santa Cruz and Machos concessions three times the size of Cascabel
El Descanso, San Miguel, Scalpalca and Ayangasa highly prospective porphyry deposits
Then there is the Nieves and Blanca concessions.
So AK's target of �1.32 is for Cascabel, times by 3 for the 5 known porphyry systems is �3.96 and add in the other prospective concessions along with the uncharted concessions I think �5 is realistic
Been here before when holding Dragon Oil and was told frequently it would never reach �5
I got 13 years before retirement age and i think I will be retiring much earlier and I won't be selling under �5