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Thursday, March 25, 2010 10:38:07 AM
If NPER has 167M sh & own 14M MDMN that works out to $.0245 MDMN sh for each NPER sh.
At MDMN's price of 0.0245 that gives each NPER share a value of $0.00205 per share.
Of course as MDMN's share price goes up this ratio will raise the NPER price but it should lag considerably. For instance with Medinah at $0.05, NPERs Medinah value per share is only $0.001225.
Bill, doesn't NPER also own a portion of the Alto or a portion of any of the Chilean or NA companies ?
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