News Focus
News Focus
Followers 607
Posts 18366
Boards Moderated 0
Alias Born 02/23/2010

Re: VortMax post# 29503

Saturday, 09/17/2011 12:53:32 PM

Saturday, September 17, 2011 12:53:32 PM

Post# of 112304
Regarding Bayport's REE's......

My research shows to help value Bayport's currently disclosed REE claims its best to compare them to what currently exists in the market, and the best company to compare to here is Texas Rare Earth Resources Corp as they are a U.S. based REE company (since September 2010) and they trade on OTC. http://texasrareearth.com/

Comparison:

1) Company Age As REE Focused: TRER, 12 months / Bayport 2 months

2) Exchange: TRER, OTCQB / Bayport Pinksheets

3) Rights To REE Claim Acres: TRER, 860 / Bayport 760

4) Expansion: TRER, ~9,000 acres / Bayport not completely disclosed yet

5) Mine Type: TRER, Hard Rock / Bayport, Placer

6) Exploration Stage: TRER, Advanced / Bayport, Basic

7) REE as % of Company: TRER, ~75% / Bayport, ~50%

8) Cash Raised: TRER, ~$20M / Bayport, none yet

9) Current Net Worth As Is: TRER ~$85M / Bayport, ~$5M

10) 52 Week Max Net Worth: TRER, ~$300M / Bayport, ~$6M

Penny Stock Analyst, not licensed, but may as well be...

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y