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Re: the_ratt post# 5689

Thursday, 06/21/2007 8:00:01 AM

Thursday, June 21, 2007 8:00:01 AM

Post# of 221875
Is it real described in
http://www.mcse.ms/message2299761.html?

If the 03/2006 takeover offer was real (see the link above), then each current share will be $19 (123000/320*0.05).
Or everything on mining is not exist, then we are where we are now after the new business sector estiblished or even down a little bit.

Current OS #: 319,964,985 as of 2007-05-14
03/2006 OS is about 2000/2/2/1.3*320=123 billion shares
if 0.05 per share, then GWGO value at *0.05=6.15 billions dollors for the Takeover offer while the company value at 800 millions dollors ($2.5 per share based on $600/oz gold, and $3 to $5 per share range for next year is reasonable since gold price will be up to $1000/oz).
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Banco Comercial Portugues (BCP) will launch a takeover bid for GREAT WEST GOLD INC with the
payment of $0.05 USD for each of the that responded to the tender offer, this initial offer could reach the
limit of price of $0.055 USD for each share of the company".
copied from http://www.mcse.ms/message2299761.html
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