Mcap Chief Consolidated
Does anybody know what the max. market cap. of Chief Consolidated was before the EPA "stopped the party"?
I heard that the stock traded as high as 12$ and they had 30 or 40 mio. shares out. That translates into a Mcap of around 400 mio. in early 2000.
AOX now holds almost 80% of Chief. Roughly ten years ago when metal prices were much lower this would have justified a valuation of over 300 mio. $.
Currently AOX gets around 65 mio. $ in the markets and also has the Sun project which I didn´t include at all in my consideration.
I hope somebody here in the board could varify the historic Mcap of Chief Consolidated.
Thanks!