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Azteca Gold Corp V.AZG

Gold and silver exploration


TSXV:AZG - Post by User

Bullboard Posts
Comment by THECAPER01on Jun 10, 2009 3:51pm
194 Views
Post# 16059557

Why the Buzz

Why the BuzzI have taken the liberty of using Circelburn's figures on tonnage and price per ton and did a projection of what that would mean on a share price basis. I have assumed more financing and added another one hundred million share dilution to the present shares outstanding with today's announced financing, if its more then that fine, its just throwing numbers around. This is all of course conjecture and some fun, pure imagination at play. The point of this exercise is meant to indicate why the excitement surrounding this company.

At Circelburns estimates here it is :

200,000,000 tons @ $300 ton = $60,000,000,000 (Billion) / 287,500,000 shares = $208.70 share price

300,000,000 tons @ $300 ton = $90,000,000,000 (Billion) / 287,500,000 shares = $313.04 share price.

This is the reason for all the buzz, its one heck of a risk reward ratio.

This was done on a financail calculator as we know regular calculators won't get the job done. I have to tell you its a Hewlett Packard and I'm not smokin dope, at least not yet.
Bullboard Posts