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mikeo56

06/25/08 10:00 AM

#4806 RE: Gene_Simmons #4805

More than the share price represents.And who is the ding dong that sold at .26
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stock_peeker

06/25/08 10:05 AM

#4807 RE: Gene_Simmons #4805

I think someone said Ag in the ground is worth $2/oz, but I'm not sure if that valuation is based on "Proven" or "Proven + Inferred".

If it's valued on the 30million P+I (TRGD share), it should be worth $60 million to TRGD, but if it's only valued against the 1.5million proven (TRGD share), it's only worth $3million, which wouldn't make much sense. I choose to believe it could be worth about $50-60million to TRGD based on P+I, but whoever dumped 30,000+ shares this morning at .26/sh must see it otherwise.

'peeker