Replies to post #16911 on FinancialAdvisor's College Class (FACC)

[FinancialAdvisor]

*silver_bars, I don't have an opinion nor am I in the position to forecast, I was simply taking what the company insiders stated in their press release. Actually a bit less, the company insiders stated a goal of 1,200 ounces per month, I used 1,167 ounces per month.

I also rounded down on the share price calculations, and the final numbers are a P/S of 5 taken away by 20m which is more than the debt they have into a potentially fully-diluted valuation prediction based off of the price per a $GOLD ounce.

So I think the numbers are ultra-conservative and give credence to GSPG being a value buy at these levels based on future potential alone as well as fundamentals.