The marketcap of GBB

THE MARKETCAP OF GBB, 28th OF NOVEMBER 2010

Since only a couple of cents at new years eve 2009/2010, an explosion has begun in stock valuation of GBB. The marketcap has risen from 15 to around 90 million CAD which is equal to approximately 610 million SEK. 

43-101 compliance is not brought out for Preliminary Block Model, but the statement from Basa is that these numbers are in the lower spann. I have made some calculations which shows that this is the fact. You can see some numbers in my document at Google Documents.

Some calculations:

Preliminary Block Model:

Moz: 2,5 (non 43-101 compliant)
Market cap: 90 MCAD/610 MSEK
Value per oz: 36 dollars/oz (probably half that regarding to the progress at Eastern Extension)
Value per oz with 43-101: Approximately 150 dollars/oz
Market cap with 43-101: Approximately 375 MCAD/2,55 BSEK
Market cap with 5+ Moz 43-101: Approximately 750 MCAD/5,1 BSEK

Eastern Extension:

Market cap with 2,5+ Moz 43-101: Approximately 375 MCAD/2,55 BSEK 
Market cap with 5+ Moz 43-101: Approximately 750 MCAD/5,1 BSEK

Blue skye potential:

You can clearly see the blue sky potential in GBB. If 43-101 compliant deposit of 10+ Moz is succeeded, we can look forward to 1,5 billion CAD without the paperwork in place to open the mine. Every additional piece will give the stock an additional push in the right way, upwards… Osisko is valued to approximately 5 billion CAD with 12,2 Moz in resources!