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Alias Born | 06/08/2009 |
Sunday, November 29, 2009 5:21:11 PM
The full mine, alone, at cost of $81 million would generate earnings of $1.61. At $5.30 ish PUDA market cap is $81 Million as well, and in it's best year 2008 that produced $1.12. So, even if they diluted to buy the mine at this price, stupid, it would be accretive acquisition.
Assuming these parameters it looks good.
rich
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