I got already 17,100,000. Will try to get 3-5 M more. Meanwhile, almost all my money is in a finacial stock that no way would double in one year... A solid, "too big to fall" colossus, with a super-enormous OS and a great chance of a reverse split.....
What I have done is base my estimates on the gold pulled this year during the dry season using 1 dredge for about 6 weeks. With this said for the 2011 season I am estimating $5.5 mil in gold and $500k in diamonds.
SGCP market value seems to have almost doubled to $4,019,803. Divide this by the number of outstanding shares of 1,674,918,102 gives us todays share price of .0023999.
So assuming $6 mil in mining plus $4 mil market value should bring us to $10 mil total. This $10 mil divided by 1,674,918,102 shares outstanding brings our share price to .00597 for 2011.
Now there is suppose to be a P/E multiple of 10 to account for but I just dont see it being a factor in todays share price. Therefore I omitted it from my calculations.
If anyone else can share there ways of calculating share price or 2011 share price it would be greatly appreciated.
Some people believe there will be one final mm shake out before they let the pps run. They risk chasing a rising pps if they are wrong. But, if they're right, they will be able to take full advantage of a narrow and closing window of opportunity to load up on cheapies.
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