Replies to post #73444 on Santo Mining Corp (SANP)

[Djdjdjdj]

Steve, I wish I had room for most of your posts to be stickie posts cause your explanations are true masterpieces. People could learn a lot from your posts.

[Braden32601]

Great post steve. I agree our fair pps target is just about .02 pps in comparison to like other companies, including mgti..thanks for your very intelligent post...

[rettif795]

I always glad to hear breath of fresh air on this board Thank You....I am basic fact & faith been around a while just never got coached by the right ones .. Have Great Day (Little Guy On Shoulder)SANP

[GgGgGg]

I would like to thank you as well but have a question. If SANP gets 2000 miners, could you extrapolate the pps to .384 with outstanding shares staying constant and current bitcoins being relatively constant?

[asapman]

Nice ssp analysis Steve. I can agree with your calculations. However, because of the Crypto Mania that is going on I believe there’s another multiplier that needs to be added for hype, say 2x. I also believe that a future growth/earnings factor of 2x is reasonable, since miner equipment can be genned in a very short duration to add revenue quickly. So, I believe $.05 to $.08 is reasonable. JMHO. Always do your own dd before investing.

[Braden32601]

MUST READ from Stevewin post 73444..shows pps value analysis..Conservative analysis..puts SANP just under .02 pps value..great analysis stevewin..stickie worthy too..thanks

[Beerholder]

MGTI also just cleared its debt. And added 8 mil in revenue. If sanp said hat and make this look even better.

[QServus]

"Since then, MGTI is up around $4.20/sh (last checked around 3pm today), which is about 10% higher, which raises our "fair" target pps to about $0.0192. "

Let's see the math on this.

Cash in bank -$1400
Liabilities: $1.7 million
OS 7.4B
Debt overhang that does NOT satisfy current Authorized Share Treasury of 9.5B shares
No audit
No paper trail
No 8Ks


Should give us negative PPS

[QServus]

SANP is a prime reverse split candidate

[QServus]

Let's explore this. How will SANP afford to buy 1000 mining rigs which are worth about $3 million dollars?

The financials show that the stock is a chapter 7 bankruptcy candidate.

[Eddycos]

What does A/S have to do with O/S
One does not matter because is not been traded in the open market and the other does because those shares are been traded the 7.4bill shares mean nothing only the current float that is actually been traded is around 3billion

[GgGgGg]

Would a stock buyback make sense? Doesn't SANP have more miners coming down the road than MGTI? Afterall, there is a merger and Canoe represents over 1 % of the global market.