OVERSOLD I THINK?What happened today was both shocking and unfortunate but we all know it was not either managements fault. Its the politics of a third world nation. The ore in the ground will come out one way or another just not as soon as many of us had anticipated. As for Benton I belive that they where undervalued even when Coro was @ .60-.70 range. Here are the numbers and last I checked numbers dont lie.
FROM BENTONS WEBSITE
BTC Equity Positions
| Holding | Symbol | Quantity | Price
(CAD) | FMV |
| Bell Copper Corporation | BCU.V | 815,000 |
.20 | $158,925.00 |
| Coro Mining Corp. | COP.T | 57,900,000 |
.26 | $15,054,000.00 |
| Marathon Gold Corp. | MOZ.T | 782,500 | $1.20 | $939,000.00 |
| Mineral Mountain Resources Ltd. | MMV.V | 6,500,000 |
.55 | $3,575,000.00 |
| Stillwater Mining Co. | SWC.N | 348,053 | $13.81 | $4,807,934.53 |
| Puget Ventures Inc. | PVS.V | 1,550,100 |
.49 | $759,549.00 |
| | $25,294,408.53 | |
| |
| Cash | $13,200,000.00 |
| FMV = Cash + Equity | $38,494,408.53 |
ADD ANOTHER MEASLEY 10 MILLION FOR THE PROJECTS THEY INDEPENDENTLY OWN 48,494,408.53
WITH MY ADDITION 48,494,408.53/78MILLION = .62 PER SHARE
WITHOUT MY ADDITION 38,494,408.53 /78 MILLION= .4935
TODAY IN MY OPINION WAS AN OVER KILL AND WHEN PPL REALIZE IT WE WILL FLOAT BACK TO .45-.55
THATS JUST MY OPINION