The Jailhouse

[Penny Stocks 2.0]

WHY BUY EMLL......cheeky, with these points...

Your points are very solid points that you have made about EMLL concerning the pieces mentioned by the company in a previous PR below:

http://www.mbendi.com/a_sndmsg/news_view.asp?I=109783&PG=35
…"The 25 acres we plan to begin with is expected to have a gross estimated alluvial gold reserve deposit value of a minimum of 260,000 oz. …”

And…

… El Maniel's plan covers more than 200 acres of Gold mining concessions in Ghana with initial action to take place on a parcel of 25 acres, an alluvial gold mining plot located in Asikam, Kibi, at the East Akim District of the Eastern Region of Ghana. …

EMLL has a total of 200 acres to do in 25 acre increments that could make for a total of 8 increments totaling over 2 million ounces in gold as derived below:

(200 ÷ 25) x 260,000 oz. = Total Ounces of Gold
4 x 260,000 oz. = Total Ounces of Gold
2,080,000 = Total Ounces of Gold

With the price of gold now being over $1400 an ounce, consider the new value of the EMLL gold property below…

2,080,000 x $1400 = $2,912,000,000 total value It is estimated to cost $500 to $700 per ounce to extract the gold so this means that $700 to $900 would be the Net Profit. Even if you consider the low end of $700 for Net Profit to make sure any other Net Expenses are captured, it would still mean a share price in the dollars. Let me show you how...

We know that the Outstanding Shares (OS) is far from 5 billion, but let's figure that it is 5 billion since 5 billion is the Authorized Shares (AS) maxed out. With a minimum Net Profit of $700 per ounce, this means the total Net Profit would be...

$700 Net Profit Per Ounce x 2,080,000 ounces = $1,456,000,000 Total Net Profit/Income

$1,456,000,000 Total Net Profit/Income ÷ 5,000,000,000 = .29 EPS

12 Conservative P/E Ratio x .29 EPS = $3.48 Price Per Share
This is only another valuation to consider as extra food for thought which is considering they capture the valuation in one year versus over the entire life of their mining operations. Even if it takes a year or two or more, it still would justify trading at prices far higher than where we are at today to be at least somewhere in the pennies. Please, I recommend all to do their own due diligence (DD) to determine their own personal beliefs for EMLL although my beliefs are very very positive here in its infant stages.

v/r
Sterling