GREY:STACF - Post by User
Comment by
blueblizzyon Jan 29, 2007 1:48pm
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Post# 12114911
RE: 43-101 update
RE: 43-101 update"I know the %5 In Situ number has been bounced around this board in the last week. How valid do you feel it is? And maybe we can develop a list of qualified precedents to prove its validity."
Yes, that's how I felt when I came up with the sp calculations. Being told that the 5% in situ value is used for base metals isn't enough validity for me. Can anyone on this board who's versed with valuating stocks accurately come up with hard facts on the reasons for using 5%? or another number for that matter?