Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Douglas Lake Minerals Inc > That settles the December debate.
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by baconmakeron Feb 11, 2009 12:56pm
267 Views
Post# 15770659

RE: RE: That settles the December debate.

RE: RE: That settles the December debate.

Heyw256mgr

 

Ithink that should be... 

•89 million oz of gold 

• 100million shares outstanding by the time they get their next financing(currently 62 million shares outstanding)

•$750 per oz of gold because the cost of production is so low (assuminggold stays around $900)

•if stock trades at only 1 x multiple

 

Sothat is 89,000,000 X $750 ÷ 100,000,000 = $667.50 per share.

 

Prettyastounding, or am I smoking something?

 

Justmakin the bacon...

Baconmaker

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities