InvestorsHub Logo
Followers 142
Posts 5891
Boards Moderated 0
Alias Born 10/27/2003

Re: Hurricane_Rick post# 9480

Tuesday, 06/06/2017 7:10:46 AM

Tuesday, June 06, 2017 7:10:46 AM

Post# of 9767
It will be interesting to see how the CDCH price reacts to this news as CDCH is speculatively undervalued with its current ~$750k market cap. As a back-of-the-matchbook estimate, put whatever value you may have on Auryn and take 5% of it. Currently CDCH's market cap puts the theoretical value of Auryn at $15 million. I think most shareholders following developments with Auryn view the company far north of $15 million given the ADL asset. A $100 million valuation of Auryn would equate to a $5 million asset for CDCH. At that valuation, one can argue a 5-bagger at the minimum in CDCH. Obviously there are other factors involved that would impact that, but it is just a quick and dirty estimate.