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joverke

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joverke

Re: None

Friday, 06/01/2012 11:01:48 AM

Friday, June 01, 2012 11:01:48 AM

Post# of 26631
Am i correct in saying that todays 65 dollar gold rise added two dollarcents to annual EPS?

18K ounces mined per quarter * 65 dollar (US) = 1.17 Million
Per year : 4.68 Million

4.68 Million divided by the outstanding shares (220 Million) = 0.021 dollarcent

PTQ, valued at (what used to be normal) P/E ratio of 10 would have to rise by 21 cents now.

Waha. This gold market is stupid.

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