InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,064.20
(
0.91%
)
US TECH 100
17,147.20
(
1.70%
)
Dow Jones
38,225.66
(
0.85%
)
Brent Oil
83.61
(
0.08%
)
Bitcoin
58,841.94
(
1.04%
)
Post# of 102667
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

jackg152004

Send PM Follow Ignore
Followers 376
Posts 12575
Boards Moderated 0
Alias Born 04/23/2006

jackg152004

Re: None

Monday, 05/07/2012 11:09:41 AM

Monday, May 07, 2012 11:09:41 AM

Post# of 102667
A re-post of my extremely conservative valuation of a DGRI buyout based on a formula of 10% of inground assets.

Let's be extremely conservative and assume DGRI only has 2M ounces of gold and 5M ounces of silver in Basin Gulch.

2M ounces of gold x $1600 per oz = $3.2B

5M ounces of silver x $25 per oz = $125M

Total resource value of Basin Gulch conservatively valued at $3.325B

$3.325 x 10% = $332.5M

$332.5M divided by an exaggerated O/S of 1B shares to be conservative and you come up with a DGRI per share buyout value of 33.25 cents.

I'll take it :)

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up