Why Share Price Is Not Important-The reason we aren’t concerned with per-share price is that it is always changing and, since each company has a different number of outstanding shares, it doesn’t give us a clue to the value of the company. For that number, we need the market capitalization or market cap number.
- This # gives you the total value of the company or stated another way, what it would cost to buy the whole company on the open market. SLTA will not be sold for $6,000,000 Wake Up Folks!
- El Torno has revealed its potential value already, because the rules on reporting results has changed the geology in the ground hasn't, neither have the drill results from Pumas 97 drill program.
- The open pit mining operation will put cash in the treasury for further exploration saving dilution to the company's market capitalization retaining value for the share holder. Genius Fabio!
- 10cents x 66,000,000 Shrs = US$6.6,000,000 mkt-cap Now, a known 500,000 to 2,000,000 oz gold over 2km @ US$1000 or Higher! On A 14km vein = Huge Value! 2000 to increase to 4000oz a year on small scale open pit mining with infrastructure ready....The future is golden!
- Conclusion: Don't get hung up on the per-share price of a stock when making a evaluation it really doesn't tell you much. Focus instead on the market cap to get a picture of the companies value in the market place.