InvestorsHub Logo
Followers 136
Posts 12335
Boards Moderated 0
Alias Born 09/02/2001

Re: PennyStockYoda post# 2837

Sunday, 11/17/2013 8:07:05 PM

Sunday, November 17, 2013 8:07:05 PM

Post# of 9445
Here's a little more simple math:

Let's say they have to dilute to raise funds and the OS goes up to 1 billion shares.

Divide the value of the gold, $2,274,750,000 by 1,000,000,000 shares=

.439 cents/share.

Now let's give the stock an ultra-conservative PE of 5.

That comes out to a share price of $2.45

Not too shabby!