InvestorsHub Logo
Followers 2
Posts 468
Boards Moderated 0
Alias Born 12/08/2006

Re: RedLeaf post# 28182

Wednesday, 02/14/2007 3:53:50 PM

Wednesday, February 14, 2007 3:53:50 PM

Post# of 115222
I am being realistic RedLeaf. Look at any primer on investing in companies lacking a real track record & you'll find P/S ratio is a good gauge to make an initial determination of value. That's the criteria I'm basing figures on & nothing more.

As far as the ratios of the majors I've mentioned, they were used only because data on them is readily available. But you seem to imply that all small companies or pinks like Aurus are selling at a discount, and that's not so. Furthermore, MANY ARE NOT EVEN IN PRODUCTION, as a result, a P/S ratio cannot be computed. Just because Aurus is a small company doesn't make my argument that the stock is undervalued untrue.