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Wednesday, July 06, 2011 1:45:02 PM
1. How much money did we purchase the rights for?
2. And what are the lithium and pot concentration levels.
Technically at this point, we could have bought 15k acres for 600 million (which obviously is an exaggeration and not correct) and we could have bought them for 1 million (which obviously is an exaggeration and not correct). And without knowing the concentration levels, we could have just bought dirt.
But the biggest thing is here, think about if you were the CEO. Would you go and buy this land without knowing what your buying? NO! They already know what the land is worth and what the concentration levels are. They have already done their DD. They wouldnt buy dirt. They basically already know what their profit margins roughly are. And for what WL just did with buying Compania for 1 million makes it pretty obvious that the land is worth alot of money.
After cautious investors find out these numbers its on. So yea, they are going to show a loss because they havent sold or mined anything but that doesnt matter at all right now.
Design what we think, Think what we design.
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