TSXV:NORA.H - Post by User
Comment by
Francesco1on Dec 23, 2007 2:23pm
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Post# 14118192
Stock Valuation ...
Stock Valuation ...To All,
I have been a shareholder of OK since early 05.
So, I am obviously happy with the results of this investment.
I have a queston about how to value in ground resources verses equity valuations. If Orko eventually reaches the 200 million ounce level (in 2008) and assuming $20.00 silver and assuming no increase in the number of outstanding shares, what would be a fair valuation for the stock?
Of course, this would have to be a valuation that takes into account that we are in a historic bull market for commodities, and percieved shortages would help provide price support.
Thanks, Frank