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pugdog

02/25/06 8:23 PM

#2559 RE: tr8dervic #2558

update I don't think 2.00 a share is fair value, rather 5.50-7.50 a share

Essentially you’re saying the market cap should be worth 110-220 million, do some comparisons bro, 110-220million market cap is WAY too low a market cap for a company with all of these proven reserves comparatively speaking - gold companies come with an average p/e ratio of 38.9 as well