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Re: boston127 post# 12

Friday, 11/29/2019 2:48:50 AM

Friday, November 29, 2019 2:48:50 AM

Post# of 30
Mistake on Eldorado Gold and our PE.

There is no PE on Eldorado, as they are losing money. And, we are losing .06/share; we are not earning .01/share. The numbers on Alacer Gold and Kirkland Lake are spot on correct. So, if we can get to earning .01/share, we will be undervalued at .09/share. Other similar companies are 19X PE - 14X PE. While we have a ways to go, more good news on another project could put us over the top. Plus, I like the fact that we are using GAAP numbers, which says to me the company has clean books.

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