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stalliano - Thu, 22 Dec 05 :

Valuing companies like this is difficult.I read elsewhere that gold in the ground is valued at about 50 dollars an ounce.Then as you get closer to mining it moves towards about 250 dollars per ounce.Different models different figures.If Wendy is about I am sure she would clarify.We dont have the figures yet for the Russian reserves so difficult to put a figure on this.The silver was always going to be a bonus, and a mighty good one at that.
However in response to your question, my target now for ovg, assuming we are not taken out and the drilling continues as it is,I would hope for about 150p in two years.I have a tidy few now and am very long on ovg.


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