RE:RE:UpdateRedrum180 wrote: Hi, Zorg:
The share price values you suggest from your calculations do not take into account any premium for "animal spirit" bidding for TUO so by no means are those figures set in stone. Am I correct, sir?
My estimates of market valuation don't take into consideration:
- Any gold from Goldstorm other than the 300 Horizon (about 20 million oz of deeper gold by my model).
- Any gold from other TC deposits like PSZ, Orpiment, etc.
- Any other properties owned by Teuton or any nsr's from optioned properties (I include what's on the balance sheet for exploration assets, but I've already posted a few times on how accounting practices
significantly understate Teuton's assets on the books).
- Any market premium due to "animal spirits."
Thanks for bringing it up!