InvestorsHub Logo
Followers 0
Posts 241
Boards Moderated 0
Alias Born 06/01/2008

Re: redtxdog post# 790

Monday, 10/20/2014 11:23:33 PM

Monday, October 20, 2014 11:23:33 PM

Post# of 3024
I bought 39,900 today at .025 and I will continue to buy when I can. Did some research this weekend and it looks like leases in Pecos County are running around $500 to $1000 per acre. Use $500 acre times the 70,000 acres and this gives us a value for the company of $35,000,000 or $1.75 per share based on the estimated 20,000,000 shares of the new company post split.

This estimate does not take into consideration Amazings existing production or leases in other counties nor Gold Crest's gold mine leases,etc. nor debt of either company.

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.