Comparing Temex to San Gold (SGR)Assuming Temex is close to a production scenario:
Market Cap for San Gold is currently $.13/share x 395M outstanding SGR shares
= $51,350,000
Therefore, Temex's theoretical share price should be at least:
$51,350,000 / 160M outstanding Temex shares
=$.32 per share
as soon as it starts production (but likely much higher)
FYI Temex has better grades and reserves than SGR