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Re: None

Thursday, 05/05/2011 9:26:54 AM

Thursday, May 05, 2011 9:26:54 AM

Post# of 7539
Valuation based on Sum-of-the-parts analysis of the various projects (fish lake valley, cortez and salt wells) conclude that LTUM’s enterprise value is approximately $7.70 per share. Since LTUM is debt free, then enterprise value is very close to the equity value. Expect the price to correct itself once drilling commences. Current shareholders are literally on the ground floor, and the elevator has started going up!