United Resource Holdings Group, Inc. (URHG)

[themtharhills]

WhoaNellie,

After reading your post I called Benchmark. I agree with you that it is worthwhile to make the call. Benchmark is of course careful to say you should do your own due diligence and that all investments are speculative etc etc, but he was able to give me some roughly estimated P/E ratio numbers which helped me get a better picture of things.

Benchmark estimated that if URHG's projected production numbers come to pass after Phase 1 and Phase 2 are complete on the first circuit, Dun Glen could produce a conservative annual revenue of about $4,000,000. With monthly expenses of $70,000-$85,000 you end up with roughly $3,000,000. Considering the outstanding shares, there would be earnings of around 2.6 cents a share. If the rule of thumb holds this could translate to a rise in the stock price up to a range of about 25-30 cents per share.

If and when a second circuit gets installed and produces at the same level, it would reasonable to estimate the stock price would then get to twice that amount, or 50-60 cents per share. Benchmark said the recent PR about additional water sources on the property are significant if URHG does add a second circuit.

- TTH