Thanks for the look at KATX... in my simplistic way of looking at things... I can see the company scrounging up, say, 2,500 oz of gold at all of the properties... in 2010... sell price of, say, $700/oz after expenses... is $1,750,000 divided by 275 million shares is .00636/share, and with a PE of 10... PPS should be .06+
Sounds reasonable, yes? So my buy price of .019 looks pretty good...
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