RE: RE: Lazy South Korean Banks Thanks for the links (webtranslation is great these days) 30,000 people to 1000 people shows that the region is on the social risk scales almost minimal because they want it. I can't believe this stock the more numbers I plug in it.
I am starting to agree with Kyoung on the possibility of a buyout but the value is going to go up signifigantly on the assessments.
For purposes of just getting this thing to develop Brian had to shortcut the Moly figures for Sandong in the drilling and finances. With this being finished now with the assays etc. this update is crazy.
I still have fair value evaluations at close to .38 cents earning per share in the longrun (with dilution and not including 30% buyback in the recent announcements) with the hypothethicals and the other capital businesses are sitting around 1.75 to 3.00 for total valuation which at bout 10 times earnings is in line. This number is low with the Moly included.
Patience is true and the company is doing things right but I feel like a teenager about to score the head cheerleader when I go through these numbers, so have some sympathy I know anyone that holds will do well.
GLTA Longs
Adrammelech