TSXV:EDW.H - Post by User
Post by
dennis_gmpon Oct 07, 2010 5:37pm
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Post# 17542586
GoldMinerPulse Valuation Blog
GoldMinerPulse Valuation BlogEstimating Edgewater Exploration Fair Market Valuation
By Dennis Boyko
Created on: October 6, 2010
Current version 0.50: October 7, 2010 -- first release.
Metrics have been updated with closing prices available on 2010-Oct-07.
Fair Market Valuation Summary - 2010-Oct-07
Projected fair market stock price for Edgewater Exploration Ltd., based on the current NI 43-101 resource disclosures for the Corcoesto Gold deposit only, is C$3.92. The actual closing stock price was C$1.25.
The Corcoesto Gold deposit is the sole basis for this valuation. A value has not been assigned to the Enchi Gold deposit since it does not have an NI43-101 defined resource. Clearly, this is a very conservative valuation approach since Edgewater is spending C$5.0 million in work on the project to earn a 51% interest...
https://www.goldminerpulse.com/blogs/edgewaterValuation.php
There is also a standard Metal Valuation Report available
https://www.goldminerpulse.com/c/edw.php