Calissio Resources Group Inc (CRGP)

[JDoggs_Money]

Here's what I see:

OS - 119,640,000
NET Income last 4 qtrs - $7,760,000
P/E - $.065 *That's over 3.5x higher than current PPS*
Now there is usually a P/E ratio for mining companies of 20 and above. Just seeing the YoY growth this year, I think we could assume a higher P/E ratio...but let's go conservative and stick with the industry average. So...
$.065 P/E x 20 P/E ratio = $1.30 per share. And we are sitting at $.018?! Wow!
And the company is stating dividends in cash and shares? Plus a stock buy back? If they're buying back stock, that tells me they shouldn't be diluting anymore. Plus they have plenty of cash if they're doing dividends and buy backs. So...if they get SEC compliant and go QB then this will skyrocket!
I'm still digging on the DD, but the last year and future looks great. I see some got burned in the past, but tell me why this isn't a great stock based on present status...not emotions and facts from two years ago.
$CRPG