TSXV:SLX.P - Post by User
Post by
vijay99on Apr 30, 2011 8:47pm
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Post# 18513222
why is this thing not $1.50 per share
why is this thing not $1.50 per share
Based on inferred and total resources 220, 000, 000 ounces of silver X 40 spot price X 0.05 (value assigned to SLX) this thing is worth $400 000 000.
Why is it around these levels, its too good to be true, what are the issues? Even if its related to an underground mine development, it should be higher.
Vijay.