OTCPK:EXSFF - Post by User
Comment by
pastorboyon Apr 09, 2011 9:28am
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Post# 18408710
Another lesson for Denton
Another lesson for DentonDenton how many shares are out on LSG! (350,000,000). We have 105,000,000 now and maybe 130,000,000 after next round of money raise! Now we have app. 1/3 the float so if we have 5 million ounces we will be worth 3 times as much P M C. forgot P M C means per market cap) you don;t understand how to value a company. So 5 millon ounce will give a sp of at least 12 dollars. SO Denton what will 10 million ounces give based on what LSG has gotten? Let me help you , 1.435,000,000 MC divided b y 130,000,000 million shares= 11.03 p spx 2 = 22.06. Now that's the SP at 10 million ounces. We may never reach that because we will be taken out long before MKR is . DO the math ,quit pumping and lieing here and buy the stock and retire that old wore out pick-up truck! PB