InvestorsHub Logo
Followers 161
Posts 22357
Boards Moderated 6
Alias Born 02/07/2005

Re: feinanddandy post# 3046

Wednesday, 02/20/2008 11:22:51 AM

Wednesday, February 20, 2008 11:22:51 AM

Post# of 5657
fein, if you read more of his posts, you'll see that most are nonsensical rambling diatribes, pretty much.

Umm, the share figure was 5.75 bn, I think.....(the revised report they filed with Az is scribbled--kinda laughable, really) and could be higher by now.

Your math is off a bit, value per share of the dirt would be about 7-8 cents, methinx. But that doesn't allow for extraction costs. Even if it was worth that much, a buyer would only pay a fraction of that for the rights to process it.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.