Wheels Group Inc GRFJF

RE: the sheeple will always follow!

[make_rubles]

The 200K oz have been added already per the presentation on the wgi site so we do have 2.8 mill oz. There are another 1.1 million M&I. Here's what we have. This is very, very conservative as I expect WGI will surprise everyone. More reserves coming, lower production costs than stated and I bet they beat on the cost side as well. And let's not forget gold WILL NOT be $800 or even $900 for long. 4 digits is a sure thing. Try popping in some of those numbers to see what you get. I'm just using simple math as I am not an analyst, thankfully! Obviously the analysts have convinced many to sell today, but guess who's buying your shares? GLTA! 2.8 million oz in reserves 1.1 million oz Measured and Inferred assume total cash costs of $500/oz avg over 12 years and $800/oz gold price $300 profit x 2.8 mill reserve = 840 mill Capital costs = 110 mill Expansion costs = 110 mill Cash in Bank = 20 mill ??I guessed NAV = 840 - 110 - 110 + 20 = 640 million Shares fully diluted = ~ 156 million NAV/share = $4.10