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janice shell

09/11/15 12:50 AM

#34128 RE: phx_invest #34127

Yes, your estimate is modest, compared to many. But even so, we have no reliable numbers at all.

Do those mines even exist?
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rbtree

09/11/15 12:54 AM

#34131 RE: phx_invest #34127

Sadly, nothing that appears positive about CGRP is verifiable. Not a single mine can be found, which calls into doubt every bit of their financial scribblings, which don't even come close to adding up or making sense anyhow. Therefore, all those calculations need to be thrown out the window.

Besides, they've already decided to go private. They must have a majority of the shares, as they didn't bother to invite you retail longs to vote on the matter. Which means they are free to thumb their noses at longs, another way of saying no one will get a dime.
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EarnestDD

09/11/15 9:09 AM

#34208 RE: phx_invest #34127

Include the fictional mines in the valuation??

How does one value fictional mines that don't exist?? LOL

jmo