Elray Resources Inc (ELRA)

[Chaebol]

At current pace ELRA is looking at minimum .31 pps!

80% of 12 months after tax profits = 30M
30M + 20% increase = 36M

36M net profits/1.15B o/s = .031 EPS
Conservative P/E ratio of 10 to 15 x .031 EPS = $.31 to $.47 per share ($31 to $47 post-NASDAQ listing)!!!

Shares bought at .01 would experience gains of 3100-4700%!!

"Over the past 5 months, CALI has generated approximately US$ 17 million profit after tax."
http://ih.advfn.com/p.php?pid=nmona&article=51730169

"Macau Gaming revenues hit $33.5 bilion in 2011 and is expected to rise rise by 22 in 2012. March figures already shown a revenue surge of 24.4% and are in line with forecasts."
http://www.elraygaming.com/gaming.html";