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Re: varmit post# 126940

Sunday, 12/16/2018 1:55:04 AM

Sunday, December 16, 2018 1:55:04 AM

Post# of 227203
Just name one if you can. Your valuations are pie in the sky OTC dreams having no bearing on reality.

The largest gold mining company, Barrick Gold makes a net income of 1.5 billion dollars a year; which is 1.5 billion more than GNCP. It has 10,000 employees; which is 10,000 more than GNCP. It has a value of 21 billion with a multitude of real operations going on in Gold and copper.

At 800 million, you are trying to attribute a value of 1/26th of Barrick gold to a single claim; not even an actual mine. A claim with no proven, probable, indicated or measured resources (those are mining terms you should look up).

It is quite simple to see 800 million is not and never will be the case.
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