GREY:RNKLF - Post by User
Post by
Texasliamon Nov 12, 2018 7:35pm
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Post# 28962636
Valuation math In USD
Valuation math In USD October produced 8000 oz, so that’s 100k ounces/yr hopefully.
$goro. A solid junior, will produce 50 k ounces/yr gold equivalent.
So comparing to $goro’s tighter share structure 57mil vs rnklf’s 384 mil making a ratio of 6.7.
$goro pps is 4.00, divide that by 6.7 = $.60. More than rnklf, so it’s a bargain.
But Rnklf will make twice as much gold. I like that math