GREY:BYVVF - Post by User
Post by
diabase1on Jan 22, 2013 2:49pm
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Post# 20873501
Market Cap!!
Market Cap!! I believe the market cap for BYV is around $28.5M. If this is the case, then BYV is extremely undervalued. Even if a PEA came in at 0.5 Moz eq gold (with silver credits added), with a $800 net, that would give a value of at least $400M. Divide $400M by the number of shares outstanding (~74M shares) and what does that give for a share price??
There are very few fund, institutional holders of BYV.
Is there something that I'm missing?? Results seem to indicate 2 separate mineralized zones.
Comments please!!