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Re: ThSeeker post# 36483

Thursday, 04/12/2007 4:26:09 PM

Thursday, April 12, 2007 4:26:09 PM

Post# of 115222
319M O/S is final tally...

A little more than I expected but looking at the quality of the Krong acquisition, can't really complain too much.

So we are now sitting at a market cap of $17M. At a P/E of 15 we would need to see about $50M in annual revenues to justify a $1 PPS. That certainly seems realistic and achievable given the $4B in unmined ore Aurus has.