If the OS is 500 BILLION the value per share is 0.76 DOLLARS If the OS is 250 BILLION the value per share is 1.53 DOLLARS If the OS is 100 BILLION the value per share is 3.84 DOLLARS
Guess what, I REALLY DONT CARE what the OS is, see why ?
Ok, let's try to put an approximate valuation on CMKX claims. Let's go with the LOW estimate for DeBeer's claims, 40 BILLION dollars. Let's assume that CMKX's claims are only 30% as good. So then, CMKX has 32 times as much property as DeBeer's. Hence, an approximate conservative approximation would be ($40B * .30) * 32. That is, $40 BILLION DOLLARs the approximate value of DeBeer's property * 30% as good * 32 times as much property. The result- $384 BILLION dollars
* DeBeer's Kennsington property has 58K Acres worth approximately $40B to $80B DOLLARS. Still early stages of development.
* CMKM has 1.9M Acres surrounding DeBeers 58K Acres.
* 75% of DeBeer's Kimberlite pipes have been found to produce Diamonds.
* Technology has changed since DeBeer's claim. CMKX is using more advanced technology to locate Kimberlite pipes.
* Exceptionally well preserved Kimberlite (volcanic rock)
* Grade of the stones is not YET well known
* Kimberlite pipes could easily extend into CMKM property. Within 1/2 Kilometer from DeBeer's Kimberlite pipe. Very likely Feeder Channels exist on CMKX property.
Dreamchaser - don't ever believe that anyone cares for the shareholders. We are viewed as a nuisance, nothing more. Casavant will do what;s best for him, no one else. We're not even an after-thought.