Tuesday, May 15, 2007 10:39:52 AM
1. Original 54 claims valued @ $64,800,000
2. $64,800,000 / 54 = an ave. of $1,200,000 per claim
3. $1,200,000 ave. per claim x 254 claims = $304,800,000 tot. claim value.
4. $304,800,000 tot. claim value / 50% discount to the market for sale potential = $152,400,000
5. $152,400,000 / 1,200,000,000 shares (guestimated final tally before 504 completion) = .127 cents per share.
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