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American Bonanza Gold Corp ABGFF



GREY:ABGFF - Post by User

Post by Amadeus2011on Mar 01, 2012 12:28pm
286 Views
Post# 19611560

Call me crazy but....

Call me crazy but....

I see all these lovely calculations tha show that the BZA SP should be $3 or $6 or whatever. But isn't it the case that the value of the company's resources divided by the number of shares is just a hypothetical number? I mean i have a car that's supposedly worth $5000 but the current market value is only $4000.

In otherwords, BZA shares are (and any shares) are only ever going to be worth what buyers are willing to pay. Correct? So doesn't that take some of the "value" and credibility out of these valuation calculations?

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