InvestorsHub Logo
Followers 47
Posts 2095
Boards Moderated 0
Alias Born 02/08/2011

Re: Stockminder post# 5185

Thursday, 10/22/2015 9:06:08 AM

Thursday, October 22, 2015 9:06:08 AM

Post# of 19643
They should have concentrated on the value of the mines

The opportunity, that was missed, is that they should have focused on getting the value of the mines recognized by the court. The problem with the valuation of over $1 billion, is that is based on a very low discount rate. The report only discounts the future values by 5%. A more realistic discount rate would have been in the area of 15%, but then the value of the mines would have dropped by 2/3rds.

Louis J. Desy Jr.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent HYMC News