AI
Tuesday, June 30, 2015 3:13:18 PM
There is nothing to indicate a $5 share price, nothing at all. Not in the earnings and not in the company. Nothing.
Even if you believe reported earnings, the share price is nowhere near $5, maybe 7 to 10 cents. 20 cents in a bull copper market.
But remember, those numbers are management report, they are not audited. In other words, worthless. And copper has hit the skids.
There are 113,460,000 shares outstanding, $5 per share would make a market cap of $567,300,000. That is over HALF A BILLION.
The current market cap is approx. $1.2 million.
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