American Bonanza Gold Corp ABGFF

help me understand, PLEEEEEASE

[drockofages]

Do these assumptions have any validity and will they ever effect BZA stock price?

 

1) At $0.10/shr * 250 mil shrs = $25 mil market cap (Y/N) ?

 

2) Worst case BZA can produce 1200 oz/mo = 14,400 oz/yr. (Y/N)?

 

3) At 14k oz/yr and profit of $900/oz (or cost of $600/oz) they earn $12.6 mill/yr (Y/N)?

 

4) With (E)arnings of ($12.5 mil/250 mil shrs) $0.05/shr and (P)rice at $0.10/shr BZA would have a PE of 2!!! 

 

[casey13]

All rationality goes out the window when people are selling. Funds get redemtion requests and sell whatever they can during these periods This overwhelms the demand for some time and prices can go to extreme levels. Those that are willing to take the risks a low share price brings and buy when there is blood in the streets can make a lot of money. This is where the 10 baggers come from.

[luker222]

This post has been removed in accordance with Community Policy

[drockofages]

Thank you. Very helpful.