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Alpha Minerals Inc ESOFD



GREY:ESOFD - Post by User

Comment by Chattycon Feb 07, 2013 7:28pm
306 Views
Post# 20955346

RE: RE: Note The tiny Float

RE: RE: Note The tiny Float

Using fully diluted shares now out, with a market cap of $100 million = $4.00 a share

                                                                                         $500 million = $20.00 a share  

 

Now I may be putting the cart before the horse, but if this deposit has size it could grow rather quickly!

37 meters of continuous mineralization containing 4.5 meters of off-scale usually has size. It didn't just happen in this one hole, i.e.. the 4 previous holes reciprocate that.

37 meters is 120 feet for those that don't use the metric system. That is a 12 storey building in height. Picture that, sprawling out.

 

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