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mrbubba

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mrbubba

Re: None

Tuesday, 02/04/2020 5:36:16 PM

Tuesday, February 04, 2020 5:36:16 PM

Post# of 1805
FTman - Did you really hear there is going to be a buy-out?

Just putting a pencil to it, my computations indicate that when we compare the market caps of other two emerging gold streamers (Abitibi and Metalla), ours should be about the same market cap and our resulting share price would be about 1.79 (and that's going with the LOWER of the other two market caps, that of Abitibi, and using our outstanding of 127M shares - it could be as high as 2.01 using Metalla's market cap). I know that's kind of an "convenient" and unrefined way of looking at it and that there are other factors, but there is definitely a low valuation going on here with ELYGF.

Do not rely on any alleged substance or opinion-based information in my posts as an inducement to buy or sell. This is a penny stock - do your own due diligence very thoroughly BEFORE investing.

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