EarthLabs Inc V.SPOT

Great DD

[InvestStocks]

https://www.reddit.com/r/pennystocks/comments/iie7ab/goldspot_discoveries_dd_inside/

No more liquidation as of August 20th.

[BCdude]

Great analysis of Goldspot. This one may take some time to catch on, but it will happen. I could see it trade within the $0.15 to $0.25 range for awhile, but when the market is surprised by a big discovery or some other catalyst and it becomes better known, it will get re-rated. Patience may be required though.

[InvestStocks]

Agreed this will need to get re-rated as it is currently undervalued. Patience is key.

[igold8]

Wow great DD. Can you update it with the recent blowout record quarterly numbers?

[InvestStocks]

Unfortunetly that DD was not prepared by me and was someone else via Reddit but the DD looks great even before the record quarter financials.

[igold8]

That's too bad, would be great to get a clean view with the record quarter, good luck!

[igold8]

Can you ask the person to refresh the reddit, it was a great read just out of date now? would new price target be like .70-.85 after the record quarter? What is the AI technology worth vs marketcap and current investments and cash and no debt? Good luck!

[BCdude]

I wouldn't think that high in the short term. I would peg forward earnings to be in the $5-6 million range for 2021, with investments doing who knows what. Assuming continued low cash burn, I would personally value the company at around $30 million market cap. That's around $0.30/share, which is fifty percent from current levels. Why I'm invested is the blue sky potential. Big

[triken]

...bumping up this out-dated but excellent commentary on Goldspot (Sept 4)

[igold8]

Triken can you refresh this with the current Oct 15 lens since we had the recent quarter results?