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Portex Minerals Inc STACF

Strategic Resources is a Canada based development company focused on vanadium, high purity iron & titanium, metals necessary for decarbonizing the global economy. The company¿s key projects are the construction ready BlackRock project in Quebec & the past producing Mustavaara mine in Finland. Strategic is working to secure a financing package to commence construction on the BlackRock project. Orion Mine Finance and Investissement Québec, both 41% shareholders of Strategic will form a key part of the planned financing package.


GREY:STACF - Post by User

Bullboard Posts
Comment by dwyomingon Jan 15, 2007 4:26pm
265 Views
Post# 12020727

RE: Dilution

RE: Dilution"$500 million cap/130 million shares = $ 3.84 a share."--TG Here's a little algebra for everyone: Market Cap (MC) = Share Price (SP) x Outstanding Shares (OS) MC = SP x OS This can be re-worked to the following: SP = MC/OS with market cap as the numerator and outstanding shares as the denominator. The trick to building stock price is to increase the market cap faster than the dilution. In the previous sentence is the great truth of the situation...does PAX have a good chance of increasing the market cap faster than it dilutes it? Yes, I think so in a big way. --dwyoming
Bullboard Posts