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Monday, December 17, 2012 5:08:57 PM
The current SRGE Market Capital with SRGE trading at a rounded off price of .01 per share is as indicated below:
.01 x 545.874,868 = $5,458,748
That’s a difference in Market Caps as indicated below:
$3,215,202,972 ÷ $5,458,748 = 586.1 times undervalued
This means that SRGE trading at .01 per share could be considered ”Fundamentally Undervalued” 586.1 times less than the ”potential” valuation that was derived from the proven (measured) and probable (indicated) ore reserves and from the inferred ore reserves owned by SRGE.
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