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nsomniyak

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Re: lootie post# 1113

Thursday, 02/11/2010 11:33:58 PM

Thursday, February 11, 2010 11:33:58 PM

Post# of 4388
Lootie - Your math is off. You Multiplied a "P/E" times REVENUES to get a projected market cap. You need to use EARNINGS instead of revenues in that calculation. Unless GORO is producing at zero cost, your figure is too high, other things equal.

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!

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