Bayport International Holdings Inc. (BAYP)

[stervc]

EvilRbt & All, true, and with the new website...

I believe that many investors are waiting to see the EXTO/Bayport Corporation assay report that was done by Advanced Laboratories, Inc. under LAB NO. 30255-01 which is expected to reflect the .324 ounces of gold per ton that was previously PR-ed about their volcanic placer deposit.
https://www.advancedlabsinc.com/


The big thing about this confirmation is that Advanced Laboratories, Inc. is a FDA Registered Laboratory as indicated below from their certificates below:

https://www.advancedlabsinc.com/images/user/427/docs/Adv_Labs_UT_FDA_Reg_Cert.pdf
(UT Laboratory FDA Registration #3006423386)


https://www.advancedlabsinc.com/images/user/427/docs/Adv_Labs_NC_FDA_Reg_Cert.pdf
(NC Laboratory FDA Registration #2000040668)


The company PR-ed they have a goal to extract 5,000 tons per day from the earth. Heck, pulling out any thousands of tons per day would be huge for EXTO/Bayport if the assay is proven to be that good. Remember, there is equipment that is out there to where 5,000 tons per day is doable as indicated within the post below:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66978771

This would position the company for growing to the next level of manifesting itself to be a reality by showing the world its assay of .324 ounces per ton of gold. A new wave of investors could very well show up to do nothing but accumulate very strongly. All else about the company would be forgotten about for the most part in my opinion since we know that the administrative house is getting in order. Legitimacy would be earned.

The next thing for the company to do would be to confirm that they plan on pulling such out of the ground of which they already stated that they have plans of pulling such potential out of the ground. Heck, let’s go one step further and consider an even more conservative thought to better understand what we have here with EXTO/Bayport Corporation. Even if instead of pulling out 5,000 tons per day they only start by pulling out 500 tons per day at .324 ounces per ton of gold, such would = 162 ounces of gold per day. Let’s derive where the company should be trading just based on this conservative achievement…

162 ounces of gold per day x 365 days = 59,130 ounces per year

59,130 x $1600 per ounce of gold = $94,608,000 gross value of gold

The company PR-ed they expect to spend $600 per $1600+ per ounce of gold which equates to an about 60% net profit margin.

.60 x $94,608,000 = $56,764,800 Net Value of Gold

Now let's determine an Earnings Per Share (EPS).

EPS = Net Income ÷ Outstanding Shares (OS)
EPS = $56,764,800 ÷ 679,216,049 OS
EPS = .083 per share

To now determine where EXTO/Bayport should be fundamentally trading, we must use the Price to Earnings (P/E) Ratio as the multiple to multiply with the EPS to determine where EXTO should be trading. Given the EPS derivation I have posted above, let’s determine where the EXTO should be trading with using 12 as a conservative P/E ratio:

.083 EPS x 12 Conservative P/E Ratio = $.996 per share

This means that EXTO should be justified to ”conservatively” trade in the $.996 per share range. The powerful thing about this is that I used 500 tons of earth pulled out of the ground versus the amount 5,000 tons of which the company PR-ed as their goal. I used an amount that is actually 10 times smaller than the amount mentioned. This is being extremely conservative in my opinion.

Also, to add, I used 12 as a conservative P/E Ratio, but the P/E Ratio for gold stocks is actually 21.20 as indicated below:
http://biz.yahoo.com/p/134conameu.html

This means that technically speaking, we can fairly multiply the EPS of .083 per share by 21.20 to get where EXTO/Bayport could be justified to fundamentally trade…

.083 EPS x 21.20 Gold P/E Ratio = 1.75 per share

As you can see, those numbers I used above to derive a .996 per share or the $1.75 per share values were very conservative. As you can also see, those numbers do not include any confirmation of the Rare Earth Elements (REEs) that was previously PR-ed. We are supposed to get the assays and geological surveys to confirm the REEs too from this updated website. We have much to continue to be patient for in my opinion here with EXTO/Bayport Corporation.

v/r
Sterling