GREY:BHNGF - Post by User
Comment by
FunDonnyon Oct 05, 2007 7:40am
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Post# 13527053
RE: $750 million net value/72 mil shares =
RE: $750 million net value/72 mil shares =I'll always follow it and might jump back in after some time, but the share dilution is coming, make no mistake.
As for valuation, it's difficult to say. You have a company like KRI that's only about two or three years away from mining that's at 2.00ish a share and a lot of pounds in the ground with only a 20 cost per pound. I can't see Pele trading higher then they do, even with the political factor. I'd love to hear some other objective opinions on valuation!!!