NYSEAM:SVLC - Post by User
Comment by
justfishinon Jul 07, 2010 9:52pm
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Post# 17252427
RE: RE: WTF?!?!?!?!
RE: RE: WTF?!?!?!?!Suppose I jumped the gun a bit-- but have seen this too many times before, like Sonsub said-green everywhere but here today. Guess I should get used to trading sideways till fall-should know the cycle by now, but this isnt a regular marketplace, and with gold pour imminent, how the hell are we not trading at at least $1.30!?!?!
I re-did the numbers-shaving the hell out of them--45,000 oz @$675/oz-(strictly profit on $1000/oz gold-which is unlikely)=$30,375,000-give a lowered PE ratio of 7.5(again unlikely) divided by 60 mil float--gives us $3.80/share--even at a PE ratio of 5 gives us $2.53/share price-am I missing something-anyone? Well, I'll either have a new boat in 6-12 months or a sore a$$!!!--cheers-justfishin