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Re: ThSeeker post# 341

Monday, 10/02/2017 5:00:59 AM

Monday, October 02, 2017 5:00:59 AM

Post# of 3360
Ok a little math, correct me if I'm wrong but....

108,000 oz AuEq x $1275-$619 AISC =$70.8 million USD.

Market cap = $63.5 million USD.

Let's say they spend $7.3 million in exploration expenses. That leaves $63.5 million in earnings. Price to Earnings ratio is 1.