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S&P 500
5,738.17
(
-0.13%
)
US TECH 100
19,436.00
(
-0.73%
)
Dow Jones
42,313.00
(
0.33%
)
Brent Oil
72.01
(
0.00%
)
Bitcoin
65,518.89
(
-0.54%
)
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just-the-facts

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just-the-facts

Re: lexion585 post# 31625

Sunday, 08/16/2009 8:52:24 AM

Sunday, August 16, 2009 8:52:24 AM

Post# of 83049
Lex, I respectfully disagree. I posted a link to an article on mining valuations and it basically said that a fair valuation of metals in the ground is approx 5-10% of value if proven/appraised. However, that being said, the pps doesn't reflect that yet...or maybe it does. $40m market cap w $50m in debt; $500m - $1B MIG. The pps is reflecting something extra other than mill value. jmo

jtf
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