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Re: 12thman post# 4110

Sunday, 01/13/2013 11:29:46 AM

Sunday, January 13, 2013 11:29:46 AM

Post# of 9786
If they can produce 50000 ounces of gold at a 50% interest that would give the company approximately $25000000 in revenue. With about 100000000 shares outstanding, the earnings of the company should be worth $.25/ share. Usually if a company has growth potential they trade from 3 to 15 times earnings which should give a stock price of between $.75 to $3.00. Unless my calculations are wrong this could be the deal of the year.