Replies to post #1730 on Calissio Resources Group Inc (CRGP)

[OptionTrader]

Baywin, I think you need to redo your maths. If what you are saying is correct, then all the communications by the company are wrong since they are talking about 200 tons per day not 200 tons per months as you are explaining. If also the productuion was around 340 tons fo Q1 ans they made 1 M$, it means that they have sold their product around 3000$ per ton (while copper is trading at 500$ per tons). Please explain since nothing is balancing.

[OptionTrader]

Baywind, based on this info, the best price for the share would be around 3 cents. If hey reach 4 Million dollar sales, and make 50% net benefit, it will give 2 M$ of net profit. There are 600 million shares, meaning that the benefit oer share will be 0.3 cents and with a multiple P/E of 10, the share price will be 3 cents on;y of they are successful. If your info is correct, the company needs to be sued by giving completely the wrong info to the shareholders since they announced in all the communication the capacity per day not per month (that is 30 times difference).