Replies to post #1066 on Brookmount Exploration Inc (BMXI)

[SooS416]

And even at .03 market cap is only $6M, look at it this way.

Past 2 quarters has $776k in net income, extrapolate out for a year and you get $1.6M in net income, that alone equates to EPS of .0076

.0076 x 15 PE multiple = .11

So just based on their current profitability and run rate you are looking at easy .11 PPS for fair value.