Elevation Gold Mining Corp (fka EVGDQ)

[PhxBrad]

2,868 AuEq in May. How can that relate to a price per share ? One calculation ....

2,868 AuEq per month times 12 months = 34,416 AuEq per year.

34,416 times a very conservative $ 400 per ounce profit margin = $ 13.766 million dollars PROFIT !

13.766 times a very conservative PE of 10 ( easy math ) = 137.66

137.66 divided by 72.73 million shares outstanding = $ 1.89 pps

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Current Market Cap is $ 28.59 million

Current Price Per Share is $ 0.13

To me, this is an easy 10 bagger right now, this year. I wonder if anyone is going to wake up and see it.


NORTHERN VERTEX INCREASES PRODUCTION FOR THIRD CONSECUTIVE MONTH REPORTING 2,868 GOLD EQUIVALENT OUNCES FOR MAY AND PROVIDES OPERATIONAL UPDATE