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Re: ~ Blue ~ post# 5780

Sunday, 07/13/2014 11:45:56 AM

Sunday, July 13, 2014 11:45:56 AM

Post# of 63744
So, BAA actually is in a most positive situation now from its developing history and it is in an exponential developing speed from the view of its production and revenue. Most undervalued from the view of price vs value (price at $0.34 vs book value $1.94); plus increasing gold price.

All of the above mentioned are what the true and long investors such as funds and institutions look for. That is why 90% of BAA is held by the big boys.

However, the retail traders can not see the above mentioned superforce that will push BAA to above $10 quickly someday. They only see the $22M more cost that will be used in the coming months.

How big is the $22M? less than $0.10 per share! After subtracting the $0.10 per share, BAA book value is $1.84 per share.

But after the $22M usage Namoya upgrade is completed, plus increasing gold price, then the book value should be much higher than $1.84.

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