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Wednesday, April 04, 2007 9:19:53 PM
supposing all claims have same ratio of uranium
giving 50 % for extraction and milling
and assuming 750 million fully diluted
and not discounting the restricted shares
88 claims could net between .05 and 50 cents pps
250+claims they are targeting by the same math yields .15-1.50 pps
no momo, no pe ratio
and yes i know its very convoluted math but also very conservative in many respects
point being this puppy is extremely undervalued in my opinion
however I will reserve further opinion until the company puts out some concrete numbers
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