Friday, January 04, 2019 3:17:56 PM
If memory serves me right G did 3 million in 2015. I asked Kate if all that income was from the mine and she said yes. So, just for something to talk about, let assume G does a little more this year with new people running the mine and the equipment updated (not that any of that has been verified). Lets use 5 million in gross sales. Lets take an extremely conservative profit of 10%. That would give G a 500K profit. 1.3 billion share outstanding. EPS .00039. At 30 times earning (I think maybe conservative for a pinky gold mine actually producing product) you get .0115. So a penny for this stock is not really out of the question even using real stock analysis. So lets buy up those trips.
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