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Post# of 38879
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negger0

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negger0

Re: RedSky post# 2316

Friday, 05/26/2006 11:36:10 AM

Friday, May 26, 2006 11:36:10 AM

Post# of 38879
redsky, the market cap should be at a 100 million based on whats in the mines.

With that, I have calculated the following.

400 shares outstanding
100 million dollar market cap
PPS should be at .25 cents
add a conservative GOLD related P/E ratio of 10

OMG, we should be around $2.50 per share now ?

Like I have said before, I am always looking for 10 baggers, this one is a sure shot here.




Buy,Don'tBuy,Sell,Don'tSell is your decision. My posts are my opinions only. I am neither a professional or an expert so if your looking for help, contact your Financial Advisor.

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