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Re: ordinarydude post# 93109

Wednesday, 12/16/2009 10:14:32 PM

Wednesday, December 16, 2009 10:14:32 PM

Post# of 221872
Well... Seriously... the post I made last monday is all I am after...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44259716

I was asked to recheck my figures by some others... Here they are again (little more detail as to why I figured south copperstone as x2)


we have 510,923,545 shares of bouse right now
we have 1,030,421,001 shares of south copperstone right now

Respectfully 1/2 the shares in Bouse went for say a round number of... $300,000,000 (price of gold was a lot lower...) - If 12 lode v/s 1 lode is 12:1 in price (just using this as an example) then South Copperstone could be worth ... $50,000,000 (300,000,000 / 12 = 25,000,000 x 2 = 50,000,000)

- THE QUESTION ASKED ME WAS WHY AM I x2 on this figure
- Answer = the $300,000,000 is based on 500,000,000+ shares of bouse... there are almost twice (2x) as many shares of south copperstone thus bouse figures times 2 in this equation...


Finally add 20% (70,000,000) for the gold rise since the sale of the shares... and you get $420,000,000... This is a consertivative number I am sure...

For $420,000,000 someone can have the mines.... the company.... AND the front door key.... LIQUIDATION DIVIDEND IN CASH LOL - THUS as I posted many times... .0015 per share divi and .005 PPS... GOOOOOO FFGO!

And again I ask... what do you think?

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