GREY:AVGCF - Post by User
Comment by
shootforthemoonon Aug 14, 2011 6:42pm
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Post# 18940594
RE: RE: RE: RE: RE: RE: RE: The Deal
RE: RE: RE: RE: RE: RE: RE: The DealNo, AVR benefits less than most do the math.
Gold goes up $100, AVR produces 100K equals $10 million extra revenue divide by 350 million shares, u get less than 3 cents a share.
JAG produces 175K X $100 gives us $17.5 million divide by 80 million shares we get 20 cents a share extra.
Run through every other 100K producer and you get much bigger returns for $100 increase and due to the number of shares, AVR gets a very little kick compared to others.
I repeat, AVR great management, but unless the production increases, a huge increase to s/p wont happen as a result of gold going up.