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Mister Young

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Mister Young

Re: bobhwang post# 22845

Friday, 08/26/2011 12:30:55 PM

Friday, August 26, 2011 12:30:55 PM

Post# of 67010
Very possible here.
I just wonder when some big company would buy cgfia?
After permit, or when we start mining?

If after permit, what would be the price?
Because 40% from 0006 is not enough...

i would say: 15million in revenue, p/e 10 = 150 million
6 billion shares --> 2.5 cents
+40% = 3.5 cents
+the value of mines = ???

Lets say 10cents per share (because its just property, no production)
So that makes about 15cents, would be a 250 bagger...

I'd go for that scenario...

However i think they wont give that for the mines (and i know they are more valuable then 10cents/share... a lot more)
I think a total offer of 5cent per share is more realistic.
Still a 83bagger... (i never went over 15 so far. ;) )
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