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Re: Jet Man post# 9829

Tuesday, 08/19/2014 2:04:03 PM

Tuesday, August 19, 2014 2:04:03 PM

Post# of 18904
i totally disagree ... the pps reaction to the news will depend on how much gold there is ...

again, for every ten billion in gold reserves, the market cap should eventually be worth one billion ... won't see the true valuation immediately ... but for every billion in market cap, that means eventually, close to $4 ps ...

so for example, if the gold reserve numbers from the survey come back ... say 25 billion ... meaning an eventual market cap at 2.5 billion ... meaning pps eventually over $9 ps

so before we start predicting the reaction to the reserve numbers, shouldn't we wait for the reserve numbers to come out ...

if the reserve numbers are over 20-25 billion for the 2100+ acres, i'd be surprised if the reaction didn't take the pps over a dollar within days ... if not sooner
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