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Re: Kooka_Duke post# 20543

Thursday, 08/04/2011 6:56:54 AM

Thursday, August 04, 2011 6:56:54 AM

Post# of 112299
.021 EPS x 24.50 = .51 per share

$45,540,610 x .25 = $11,385,152 Net Profit

Net Profit ÷ Outstanding Shares (OS) = Earnings Per Share (EPS)

Net Profit = $11,385,152 Net Profit
EXTO OS = 540,921,049Shares

$11,385,152 Net Profit ÷ 540,921,049 Shares = .021 EPS

Now to derive where EXTO should fundamentally trade from only capturing 1% of their confirmed recoverable value that was done from a report from a NYSE company trading over $51.00+ per share and from just this one claim/property, you must multiply the .021 EPS by a Price to Earnings (P/E) Ratio. Read below to understand the P/E Ratio and to also understand why I am using it as a multiple to derive a fundamental consideration as to where EXTO could very easily be fundamentally trading:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57154170

The current P/E Ratio for the Gold Industry is 24.50 as indicated below:
http://biz.yahoo.com/p/134conameu.html