klarisskin, you mentioned that NAV/share prior to the mine purchase was around $15. I rushed through the calculations so I might be way off. If you re-evaluate the net asset value with the mine assets included, I think the new net asset value per share would be larger?? Correct me if I'm wrong.

Net asset value BEFORE the purchase:
NAV (before) = (30M * $15) = $450M

Net asset value AFTER the purchase:
NAV (after) = $450M - $30M (cash used for purchase) + $850M (value of the mine) = 1,270M

Therefore:
NAV/share (before) = $15
NAV/share (after) = 1,270M/70M = $18.14

A 21% increase to our NAV/share value. Not bad after all? Maybe Wu and the board of directors did do some homework after all. Earnings/share however might be different story. Right now I think that would be lower without really doing any calculations.