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Thursday, March 10, 2011 11:55:52 AM
I like to be SUPER conservative... especially since this is really our first quarter of real mining. Many problems and obstacles are to be expected. That being said, I estimate that we do (at least for the 1st quarter) 1/10th of your numbers and come in with a total of about $1,400,000... plus diamonds... plus crops... Of that $1.4 mil, let's say 70% goes towards expenses.
That would leave us with approx $420,000 of PURE PROFIT.
Market cap currently is approx $4.2 mil. That is PEANUTS!!! Using my low numbers, I can see SGCP stock up anywhere from 3-5 times current price (.002ish). So >006 - .01 is what I would assume we be sometime this year.
If we do anything better than my numbers, we will be GOLDEN!!!!!!....... except for dumbeddownsteve....
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