OTCQX:DMMIF - Post by User
Comment by
Rich12on Mar 29, 2009 5:27pm
455 Views
Post# 15880359
RE: Good Times Ahead
RE: Good Times AheadOmniportent, you are spot on.
Below are my
stock price predictions based a tax/royalty regime of 50%, at today's gold price for different annual production and with a cash flow multiple of 10, 20, and 30.
Production (oz) Share price (with cfm @10) Share price (with cfm @20) Share price (with cfm @30)
100,000 $10
$20 $30
200,000 $20
$40 $60
300,000 $30
$60 $90
400,000 $40
$80 $120
As the gold price increases, so will the
share price.
It is beyond me why some investors want to sell DMM shares now at these low prices.......and do what with the profits....put it in the
bank and get 1 1/2 % return??