Camrova Resources Inc V.CAV.H

RE: RE: RE: RE: RE: RE: Surprised

[shootforthemoon]

Your points are well taken but you dont need to hold anything for longer if mine life doubles it simply means that the Enterprise Value is considerably higher.

Also once this company is producing at full capacity valuation will be on EPS, for a $5 share price you would look for around .50-.60 cents earnings per year. That means the company needs to make roughly $200 million a year.

Assuming even $3 copper price x 90 million pounds gives us $270 million in revenue with lets even go conservative and say zero cost of production, that means we have $70 to cover all General and Admin costs, taxes and anything else. In this case it may be tight to get $200 million but this is almost worst case scenario and we are still almost at thr $5 I mentioned.

If any of my numbers are wrong let me know its been a long day for me.

GLTA