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BusProfHarvardU

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BusProfHarvardU

Re: Gliderider post# 4142

Wednesday, 02/10/2021 3:08:56 PM

Wednesday, February 10, 2021 3:08:56 PM

Post# of 4373
If GORO’s Market Cap is $200M, Fortitude S/B approx. $100M because it’s safe to say it was 1/3 of the overall company pre-Spin-off, and if GORO is $3 with 70M Outstanding, Fortitude should be $1.5 x 3.5 = $5.35 PPS with only 20M Outstanding, although I’m sure it will be diluted somewhat. Let’s see.

All my words are opinion only, and you should always do your own due diligence.

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