GREY:MPRXF - Post by User
Comment by
threepalmson Jul 03, 2011 7:15am
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Post# 18790895
RE: When not if we Hit!
RE: When not if we Hit!With talk like that the naysayers here will be all over you thinking I sold you a pair of Rose Coloured Glasses.lol
A 3 million ozs find will have an in ground potential value of approx. 1.5 billion or approx. $15.00 per share.
That is based on an in ground 30% valuation.
You can laugh at this or you can say...that is not an unreasonable valuation for a 3 million oz Headway resource.
I think the market cap given to Mega this time next year based on the 43-101 numbers given three of Mega properties will be in the billion dollar range or more.
That is my honest belief and dump on me if you wish but that the valuation I can see for Mega at that time.