Santo Mining Corp (SANP)

[SteveWin]

Rough sketch value calculation: A 13Th mining rig costs roughly $2,600, after delivery, housing, setup, power and operating labor, let's guess $5,200. That's about $400/Th.

Asama says "coming soon, 100,000Th". At $400/Th, that's about a $40 million capital investment.

With 8 billion (rounded) shares, it works out to:
$40 for 8,000 shares
$5 per 1,000 shares
$0.005 per share.

If we were starting at square one, and someone said "I'm selling 8 billion new shares to raise $40 million to build a 100,000Th mining farm"... that wouldn't be a bad investment at $0.005 per share. Right now, we're priced at an 80% discount from that.

Plenty of headroom here.