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TheMaster

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TheMaster

Re: BigAl61877 post# 5044

Wednesday, 07/12/2006 11:41:13 PM

Wednesday, July 12, 2006 11:41:13 PM

Post# of 19308
I think someone convieniently forgot a decimal place.

lets do that EPS calculation


According to drake gold website there are 600M shares outstanding
And we know the estimated profits are at 2.3M.

2.3/600 = .0038


Now, its in more of a TNOG price range...




"What’s important when you are in that hedge fund mode is to not do anything remotely truthful, because the truth is so against your view, that it’s important to create a new truth, to develop a fiction."

-Jim Cramer

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