GREY:CUDBF - Post by User
Comment by
CruelCanuckon Oct 30, 2014 1:58pm
203 Views
Post# 23077824
RE:Going down
RE:Going down
Please excuse my ignorance here....
I just want to know where you get that valuation?
Because if you calculate their assets and liabilities, they have no long term debt, they can easily cover their current debt and have proven oil reservoirs ( at least 1.4 mill barrel) and 6 million cash coming in ( more is owed, but who really know whats up with that anymore..) I see a comfortable valuation at 0.195 before the 6 mill and about 0.275 after the cash deposit and we arent even taking into effect the market hype that will be created after the Hype.
Please do let me know if my valuation is off since I guess I would still be considered a "noob", however I'm just curious is all. :)