GREY:ARGEF - Post by User
Comment by
canada7on Aug 03, 2010 1:55pm
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Post# 17317690
RE: RE: Economic analysis
RE: RE: Economic analysisThanks. I am off by a zero. PE of 5 will be $40.
After checking on KRO, I think the Argex PE should be at last 40. KRO rate of return is much smaller than that of Argex, and if KRO can command a PE of 39, Argex should command 40, and that should put RGX at $320. Too crazy to write this down when the price is trading at
.32. Anyway, I am looking forward to two events from Argex, one is 43-101, the other is the scoping study, and both should come before Jan. 2011. These two should propel Argex significantly forward.