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Re: 1estimator post# 51866

Tuesday, 08/07/2012 10:48:21 PM

Tuesday, August 07, 2012 10:48:21 PM

Post# of 67010
The pps should be determined by the Market Cap. of the company, though speculation could run the pps up more. Right now market cap. is about $2M, which translates to a pps of around .0001. With mill approval the market cap. should go up. When the mill is completed and ready to mill ore then the market cap. will go up more. In the meantime we might get some new assay reports which could increase the value of CGFIA. With our current OS of around $27B we would need a market cap. around $300M to hit a pps of .01. If the OS went all the way up to $60B then we would need a market cap. of around $600M to hit .01.
But we have so many unknowns here it is useless to predict a future pps. I think if everything goes good and we get some good valuations for a couple of the mine claims then a market cap. of $200-$300M is realistic. Maybe after ore processing starts we might see $500M or higher. Are there any opposing assessments here?























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