Replies to post #1954 on Nextsource Materials Inc (NSRCF)

[spartex]

"i come up with around 18 BILLION worth of vanadium at 7 bucks a lb assuming 225 million tonnes (tonnes > ton by the way)... "

If that 0.5% is for V2O5, then I believe there is actually twice as much vanadium (mass) per pound of V2O5, or 1% of total weight sediment. I've seen EarlyOne (link below) use $14 times the # pounds (conversion from $31 kg; just divide by 2.2 lb/kg) of extracted V2O5. So we're talking up to $30+ billion worth of vanadium in that deposit. :)

225,000,000 tons x 2000 lbs/ton x 0.01 (1% vanadium by mass) x $7/lb = 31,500,000,000, or $31.5 billion

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=40548022

[maseraticoupe]

The important # to look at is the Earnings Per Share ( EPS )

when is all said and done , if the Company , Probably a

suitor is going to look at how much profit they can

make selling the Vanadium to the end user.

Profit is measured in EPS to the company and Wall St.

If URST's ...Massive Vanadium discovery yields $3.00 EPS and

Wall St. gives URST a Price Earning Ratio (P/E ratio ) of a

very conservative 10 times earnings ie.$3.00 pps times a P/E

ratio of 10 , Wall St. may Value URST at $30.00 pps.

If Earnings are $5.00 pps at 10 times earnings (P/E ratio) may

yield $50.00 pps by Wall St.

These are very conservative #'s !!!!!

Not just my opinion , a Very real possibility !!

Bouna Fortuna to all !!!!

Time will tell !!