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Sunday, November 21, 2010 4:55:05 PM
The Gold Mining is with an active partner already mining worth as much as our share of 260,000 potential oz.s at a 5-700 dollars profit per oz.(Cash flow) ...
That’s… 260,000 x $500/profit per oz. = $130,000,000 in Profit
Even if you presume a 3 billion OS, you can still derive below for an Earnings Per Share (EPS):
$130,000,000 ÷ 3,000,000,000 = EPS
.043 = EPS
Now give it a conservative P/E Ratio of 12 and for a ”potential” fundamental share price to consider for EMLL, you have below…
12 x .043 = .516 per share
KEEP in mind if the GOLD find is 2 - 5 times the expected find well simply multiply all this fine DD by 2 - 5 and you get HOLY F*** NICE BUNS BETTY!!!!!!!!!
M1999 your dream may be fulfilled my friend!
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