Wednesday, August 02, 2006 6:03:58 PM
Market cap: 61 million shares x $.10 = $6.1 million
Normal market cap per ounce for this development stage = around $25 to $50 per ounce
Minimum expected market cap = 3.6 x 25 = $90 million
Can you say "10 bagger"?
Of course, this assumes that the company is being honest. A previous iteration of this company, UDVE, was a proven scam that issued lying press releases.
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