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Gold Canyon Resources Inc V.GCU



TSXV:GCU - Post by User

Bullboard Posts
Comment by coach247on Jul 30, 2007 12:05pm
294 Views
Post# 13171064

RE: MARKET CAP---"ROUGHLY"

RE: MARKET CAP---"ROUGHLY"Hi Clumphead! I just went back to the company website and downloaded the fact sheet. Working from memory I had plugged in a fully diluted share structure of about 65 million shares in my estimates. According to the fact sheet there are only about 53 million F/D so either that sheet is out of date, or I confused the numbers. So you are correct, the market cap is even more impressive in terms of the upside potential we can look forward to. How GCU has managed to survive the bear market years, and still keep the share structure so tight is an achievement on its own. This company is a model for the industry in how to do business and create shareholder value. cheers! COACH247
Bullboard Posts