GREY:LVNNF - Post by User
Comment by
batman24on Feb 13, 2015 1:07pm
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Post# 23427517
RE:RE:anyone thinks we finally get news Tuesday or Wednesday?
RE:RE:anyone thinks we finally get news Tuesday or Wednesday?I'm getting concerned with the recent comments such as Rick I quote "or can it go up if it is something really good, like something that brings in cash flow/income". That makes me upset. For example would it be possible that lvn would pay 10 times cash flow/income which would mean if we spent 30 million for something that has 3 million cash flow/income. That would mean lvn earns 10% on the investment. I'm thinking about what 3 million income means to the shareholders of 231 million shares. Rick says I can't read but how is my math. Would you say 3 million income is 1.3 cents a share and lvn has no cash left to support your share value. Then lvn shares could be worth maybe 20 time the EPS of 1.3 cents. Maybe 26 cents.
I agree with Rick quote "cordero value zero/zilch/nada/$0 and its relatively safe". Yep its safe alright. I don't think anyone will touch it while silver is under $30.
Anyway I'm selling fast.