Saturday, December 27, 2008 3:14:29 PM
Divide that into $5,000,000,000 in Niobium = book value of =$6.75 per share.
$10 billion = $13.50
$15 billion = $20.25
Now other factors to consider!
1- The % given to a partner
2- We don't know the value of the minerals to be excavated.
3- there are a lot of other minerals that will add value to the price of the stock.
What should the price of the stock be? Nobody knows and it can not be calculated at this time but if you have patience you will either be a doctor or rewarded financially.
The ground contains rare earth materials as well as medium rare and some well done.
Remember this post because its mostly useless.
This is only my opinion. You should research before you invest to limit your risk. When you invest in pinks its all risk and most fail, Never risk more the 10% of your holdings in pink sheet stocks!
Howard Haftel
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