TSXV:TLC.P - Post by User
Comment by
st0ckpickeron Nov 10, 2010 6:32pm
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Post# 17689394
RE: BUY RECOMD (INVESTOR'S DIGEST)
RE: BUY RECOMD (INVESTOR'S DIGEST)I think they are doing what they rest of us are doing and just betting on success because it is Montgomery and the Nordegg. How do you arrive at a valuation short of pulling and arbitrary number out of the hat? There is no reserve base or production to calculate. You could value the land position based on what others have paid for claims but that seems pretty limited. I think their approach is best. Much upside potential but plenty of risk too.