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2,868 AuEq in May. How can that

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PhxBrad   Tuesday, 06/11/19 03:34:49 PM
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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

**************

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

Live Long and Prosper !
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