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stock_peeker

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stock_peeker

Re: Gene_Simmons post# 4805

Wednesday, 06/25/2008 10:05:04 AM

Wednesday, June 25, 2008 10:05:04 AM

Post# of 7631
I think someone said Ag in the ground is worth $2/oz, but I'm not sure if that valuation is based on "Proven" or "Proven + Inferred".

If it's valued on the 30million P+I (TRGD share), it should be worth $60 million to TRGD, but if it's only valued against the 1.5million proven (TRGD share), it's only worth $3million, which wouldn't make much sense. I choose to believe it could be worth about $50-60million to TRGD based on P+I, but whoever dumped 30,000+ shares this morning at .26/sh must see it otherwise.

'peeker

Paul Litman: "Avoid panic selling & avoid overconfident buying."

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