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Re: CleanForMePlease post# 51

Friday, 12/16/2011 9:40:44 AM

Friday, December 16, 2011 9:40:44 AM

Post# of 201
For an accurate pps you need to add (earnings+assets)-dept/shares outstanding. So if I use the mining almanac's evaluation of property value at $18.84 m.
http://miningalmanac.com/stock/Molycor-Gold-Corp-MOR-M1V plus $84 m = $.96 share value. Now this does'nt take into account value of all their assets but gives an idea of were we are headed.
Using the same numbers for today puts us at a fair value of $.176 per share.