bag of gold Stock Symbol: TSX: NCU
Shares Outstanding: 80.5 Million/ Fully Diluted 87.9 Million
12% Held by Directors & Officers.
Approximately 60% Held by Institutions.
7.4 million stock options @ $3.35.
Cash, September 30, 2013: US$58.3 Million
Marketable Securities: US$ 4.7 Million
Secured Loan Facility: US$200 Million - Total
US$51 Million - Received to Date
US$149 Million - 2014
first production in 2015, long as they get the land transfer
let's go with 380 million profit after tax @ 2.75 copper
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let us say 90 million shares, 60% owned by institutions 12% insiders
that means only roughly 25 million shares avail to public
let us take that 380 million profit and 90 million shares...that is about 4.40 per share profit
WOW
now look at mining stocks in general...the producers trade between 8-12 times earning
4,40 times 8 is..........$35ish
4.40 times 12 is........mind boggling
please fill in the gaps!!!