.
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.
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.
News coming...
He said that he wasn't going to dilute or issue any more shares. This was from the old notes. This was the last one. Some of them cant convert until this reaches .75. Its all in the filings.
Now, it's the other otc's you have to worry about with tons of dilution. Like I said, we don't have any more after today. Read the filings and videos w/ the Ceo...
Whoever wanted an opportunity to get discounted shares here, well here it is. These won't last long for blatantly obvious reasons...
No more notes left. Ceo said that was the last of it. He wanta this at multi dollars for Nasdaq/NYSE, which is why they won't issue any more shares.
More details on various projects they're working on. Thats going to sy substantially increase the jaw dropping fundamentals here.
Tell me about it. This is a fire sale with a market cap of only $8.5 million.
We should be anywhere in between $120 million to $500 million.
This is a mad multibagger from here. No doubts about it...
Oh, that's great news! Thanks bud!
Without a doubt...
There was a few left on the notes. Wasn't much, and the company isn't diluting. Still way undervalued with a small s.s. Time to back the truck up at these prices...
Oh my...
Further drilling might reveal a whopping 1 million in oz.au at MH...
$3 to $17+ are what the strong fundamentals are showing us now.
This doesn't include the Alaskan project where the details hasn't been disclosed. However, the figures were shown temporarily on their website on Sumday night by mistake...
The low float is being tightly held, and we're almost close to finishing up the 3 year audit to list on Nasdaq or NYSE.
Much more coming...
Precisely... It's just consolidating now until the next leg up. We all know where this is heading...
Market cap is only $10 million...
The valuation went up considerably with the Alaskan project. The details will be revealed shortly.
I now see $20+ per share as my target...
Yeap, the shares are being locked up by some intelligent folks that will be holding for much higher prices. Just as we all are knowing where this should be, and where it can go...
Worst case scenario, this should be trading at the minimum of $3.15. However with an expected sunstantial increase in net reve.ue and assets this should be trading around $17 per share now imso.
Oh you better believe the book value will go up, along with more substantial revenues...
Especially in an economic down turn, there couldnt be a better play that will bring more profits than than this severely discounted low floater...
And $1 is chump change. The trailing twelve month eps is .21. The avg. price to earnings ratio in the mining sector is 15x. But it.can go as high as 50x plus.
With a p/e of 15x, that's a share price e of $3.15 a share.
However with expected net revenues of $27.5 million, our share price should be $17.00 now. The market is all about net future earnings.
But it doesn't end there, we haven't gotten any forward looking guidance with the newly acquired Alaskan project. That might give us $30 a pop.
Some folks still have considerably no idea or how severely undervalued this is.
But they will soon enough...
If they extract 40,000 oz.au next year, then our shareprice on expected revenues at a p/e would give us $30 per share now.
For now, our share price should be at $17 per share. Our market cap should be well over $100m now based on the fundamentals...
Without the Alaskan property, this should be trading around $17 per share now. Still ridiculously undervalued...
The A/S reduction catalyst is coming. The float is tiny and being locked up, but it's even tinier w/ the Ceo recently stating that its more like around 5 to 6 million.
Big dollars coming.
So many big catalysts are underway. Folks if you've been following for the past week, you know this is going substantially higher...
Tic, toc...
It's not there anymore when they updated their website tonight. I don't think we were meant see it until tomorrow morning. Either way, we'll find more about the Alaskan project soon enough...
If true, it'll be utterly massive on top what's already massive.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169747535
The OTC ain't seen nothing yet...
Shit, I wish I had more effin shares. Anything under $1 is ridiculously cheap.
Even $2 is chump change knowing that this stock can see $50+ in the not too distant future. Or even $100+...
Some folks who have just stumbled upon this have considerably no idea in how colossal this is going to get.
This literally may become the OTC Goat...
Truly insane, with how already insanely undervalued we are without that. This is going to super charge our fundamentals, no doubt...
Like I said, we might be looking at $30.00+ a share for the short term...
Bro the fundamentals can show $30+ a share now, if they're expected to produce 40,000 oz.au with 15% costs, just like the Moosehorn project.
If they value the property $300 to $400 million, then our share price at a minimum would be $13 a share without having any multiples. That would also suggest that the Alasakn property would have possibly 5 million oz.au imo.
But they might be referring the $300m to $400m in reserves.
Anyway you slice it, our book value and fundamentals are going to be much higher than what we originally thought.
Unreal...
It was acquired a few days ago and we own 100% of that property.
Folks disregard my projections that I have recently stated this past week. It's going to be much higher than what I have calculated. I believe it is now anywhere from $17 to $30+.
#LockThatFloat
So this hasn't been factored in to the fundamentals, or book value yet!
If we're talking about the asset value of that property, our book value x1 would be at the very minimum of $17.00.
If they can produce 40,000 oz.au, just like the MH property, then our forward looking p/e of 15x on expected revenue would bring our share price to $30+ a share.
Holy mother Mary of God! We already had something that was enormously gigantic. Now we have a super nova that's getting ready to explode! I'm just besides myself. What the hell did we just stumble upon?
Awesome! Further confirmation on no dilution via private equity and cash flow from Indonesia.
Also, I emailed the company yesterday suggesting to post recent developments and pictures. It seems like they sure are listening...
Lock dat shit up boyz. Were about to shake the whole OTC up again...
Oh shit. We might be headed to $10+ much faster than what I realized. Holy smokes...
Yes. It's the safest OTC on the planet and soon to be the hottest...
It's in the d.d.
Sorry, had you blocked. Good to see you here bud...
Krrgf is in the same sector as us and is an OTC stock that is trading 28x their earnings. If we had that, that would give us anywhere from $6 to $30 a share now...
No doubt. Fundamentally super undervalued and the potential is insanely massive.
I think once we reach $2 to $3, we can easily make a 100% move from there. And since we have a small locked float with a lot of other major catalysts coming up, I believe we can see $10+ for the short term...
Well the s.p is worth around $17 now.
They're expexcted to make $28.7 million in net earnings for next year at MH.
Thats on top of what they're currently making. Which is currently around $7 million in earnings.
That would be a total of $35.7 million. Divide that by their o/s of 32.5 million, and that equals $1.10 earnings per share. Multiple that by the p/e of 15x, and that equals $16.50. Thats a forward looking basis of only 1 year. Remember, a lot of companies go further out to 2 ,3 or even 5 years away with a higher p/e ratio.
But with the newly acquired Alaskan project, and other projects they currently have, it should be worth more that $17. As long as we can get some.guidamce figures for those.
If you use other key metrics as Q trader showed us, it could be worth $30 or even $40 now...
Yes, he stated he didn't want to use any more Reg. A shares since its just too big of a discount, particularly now. They can use their cashflow from Indonesia to fund MH. But the only funding he said he would use is when is they uplist to Nasdaq or NYSE.
Even if they were to dip back in the Reg A., at least they have that option and it would be at a minimal since he doesn't want to use that at all. But they can always set the Reg A higher I believe...