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GorillaGorilla

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GorillaGorilla

Re: GorillaGorilla post# 1657

Monday, 11/30/2009 10:28:30 AM

Monday, November 30, 2009 10:28:30 AM

Post# of 2230
Dreixon perhaps I've misuderstood. LLFH has got gross margins of 48% and net of 24% ish. Using that net margin the FY EPS for Jianhe mine is $0.78 so PUDA shouldn't dilute at this point - though obviously a good usage of cash.

Assuming stock price appreicates then usage stock would make more sense. I'm thinking $8 or more before it makes senses.

rich

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