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Re: lodoguy post# 13038

Wednesday, 01/21/2015 2:18:59 PM

Wednesday, January 21, 2015 2:18:59 PM

Post# of 25284
By golly, you're right. LEXG profit last quarter was about $100K -

That changes everything! Now I can take a stab at a price target.

So profit last quarter was about $.0001 per share. If I extend that for a full year (assuming same rate), then I get an earnings per share of about $.0004 -

using a PE ratio of 10-15 I get a price target of about $.004-.006 -

thanks for correcting me.

GO LEXG!!

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