Thanks Dutchy31, I appreciate your response.

I know all about the measured, indicated, probable, possible etc etc.

All I was trying to say is, what if one speculates!!

If a PEA came in with ~0.5M oz eq (Au + Ag), even with a $800/oz Au net profit, that would value the deposit at ~$400M.

With 74M shares outstanding, that would suggest a $5.40 share price.

I was just trying to play with numbers, and try to make some sense with respect to the present share price of 0.385.

There are others out there, perhaps you as well, who could speculate on potential PEA numbers and perhaps give everybody an idea on the value of the Burns Block, and especially the share price.