With 30 million gold equailent ounces under ground for Caspiche, and based on what Hostschild paid for Andina, the math equals about 10 dollar an ounce. However, gold in Caspiche is bit lower grade than Volcan. Maybe if some senior pays 7 dollar an ounce, it roughly equaites to $210 million + 50 million of Exeter's treasury.

The company should be sold at $2.40 a share give and take.

C'mon guys..I'm sure there are takers.......