Post by
rockhound3 on Jul 04, 2020 2:33pm
While as a very simple calculation of value
If the company is worth approximately $800 million (Canadian?) and there are 240 million shares outstanding a simple calculation would suggest a value of approximately $3 per share!?
thus a potential gain of 5X!
comments and observations?
Rock
Comment by
TRIPandROGAN on Jul 04, 2020 2:38pm
This post has been removed in accordance with Community Policy
Comment by
ogod00 on Jul 04, 2020 2:39pm
why not use 8000 million in your fantasy scenario? no press release in 2 months , will take my lumps shortly and switch into aty or tko
Comment by
Goldking135 on Jul 04, 2020 4:31pm
This post has been removed in accordance with Community Policy
Comment by
ogod00 on Jul 05, 2020 5:14pm
honestly buying mining deals with a 3 year window is insane given that this cycle though barely started does not have 3 years in it, as gold gets more expensive invariably there is more of it, same for any other commodity Glta
Comment by
Goldking135 on Jul 05, 2020 5:45pm
This post has been removed in accordance with Community Policy
Comment by
shahabstarship on Jul 04, 2020 6:01pm
Yes the back of the envelope calculation. There is more upside if higher production can be materialized in the future and with higher copper prices. Personally I think this is prime for take over once the first batch shows up, hopefully at 2+ if macro conditions are favorable
Comment by
IQINVESTMENT on Jul 04, 2020 11:48pm
This post has been removed in accordance with Community Policy