Projected KATG minimum share price estimate. It's easy. For a time KATX was trading in the 5 to 6 cent range. Then news came out about plans for drilling of Handcamp and the price rose to a high of 24 cents. That's a increase of 18-19 cents (say 18) for each KATX share due to the potential of finding gold at Handcamp. Now Handcamp has been transferred to BVIG (KAXG) which only has 1/4 the outstanding shares of KATX. Ergo, KATG should be worth a 4 times 18 cents or 72 cents. But wait, gold has been discovered so the property should be worth more that and 72 cents should be a minimum.
I posted above on the BVIG(KATX) board but most here own shares of BVIG so it should be of interest.
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