RE: RE: RE: RE: RE: Think DEC is undervalued?Because MTB is already undervalued based on JDN, GBR and DECs market cap, vs relative property holding and how much "value" the property is to the company. See this post by JustAnotherGuy...Without news MTB should be at .41 (as of Dec 11th). GLTA, do your own DD :)
JDN
- JDN market capitalization: 183,152,268 x $.295 = $54,029,919.06
- Relative share of the Silver Coin Project in JDN's market cap: 100%
- MTB's interest in the Silver Coin Project: 20% (carried interest)
- MTB's market cap for the Silver Coin Project: $13,507,479.77
GBR
- GBR market capitalization: 57,484,652 x $.335 = $19,257,358.42
- Relative share of the BA Property in GBR's market cap: 95%
- MTB's interest in the BA Property: 30% (absolute minimum)
- MTB's market cap for the BA Property: $7,840,495.93
DEC
- DEC's market cap: 49,652,900 x $.315 = $15,640,663.50
- Relative share of the Red Cliff Property in DEC's market cap: 75%
- MTB's interest in the Red Cliff Property: 40%
- MTB's market cap for the Red Cliff Property: $7,820,331.75
Which is, $13,507,479.77 (Silver Coin) + $7,840,495.93 (BA) + $7,820,331.75 (Red Cliff) = $29,168,307.45
Or, $29,168,307.45 / 71,531,850 = $.41