GREY:MAOMF - Post by User
Comment by
majorlaggardon Jun 01, 2008 2:11pm
862 Views
Post# 15132199
RE: What is the value?
RE: What is the value? A rough rule of thumb is that the market will pay about 100 to 110 and oz. Newmont paid 110 for MNG. Alot of factors come into play. 5 mill oz. at $100 comes to $500 million divided by 15.59 shares = about $32 per share. I can live with that, lol.