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1kgwxman

08/05/13 1:33 PM

#24074 RE: DiamondFire #24073

Here is a good starting point for "Fair Valuation."

EPS = $4,7000,000 Earnings / 466,752,425 Outstanding Shares = .01

.01 EPS x 30 PE = .30

The average PE for mining stocks is 15. I'm going 30 just because we are a growing company
transitioning from an exploration to a junior mining company. Maybe I'm even being conservative here.
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Starlost

08/05/13 1:37 PM

#24075 RE: DiamondFire #24073

So, you're saying FLPC is going to be trading at $20-$200???

What utter nonsense.