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Bmrboy

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Bmrboy

Re: None

Thursday, 04/05/2007 7:36:18 PM

Thursday, April 05, 2007 7:36:18 PM

Post# of 102667
Valuation-

As Joe has said, this company will get very interested once financials are out and the investing community becomes aware of it.

If gold juniors usually trade at a P/E of 30 and DGRI can do .10-.15 in fiscal EPS, that's a price range of $3-4.50 in PPS. (fair value)

I seem to remember hearing that DGRI is profitable at $600/gold or higher...so anything above that is pure gravy.
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