OTCQX:BGMZF - Post by User
Comment by
Rollercoasterblueson Feb 22, 2016 3:39pm
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Post# 24582845
RE:RE:RE:RE:RE:RE:RE:BNN
RE:RE:RE:RE:RE:RE:RE:BNNSo, our valuation by the market is now at $125 USD company......is that enough? With all of this exposure now to us being an undevaled company.....I suspect we will run past a dollar easily....
1-2 million indicated means at $1200 US GOLD = 1200X 1000000= 1.2 billion valuation by the gold in the ground but take in the costs......we are way undervalued if we can get the gold out at $900 USD cost........so we are worth $300 X 1000000 ozs......I suspect that the market run up will gravitate to this number which is $300 Million valuation divided by 250 million shares fully diluted which means about $1.20 per share or much higher if we proven up more gold.....and if the price of gold edges up at least $100 more per oz....
Nice problem to have.......so it seems like there is a bit of a race now on the buyup of shares to lock in the value at cheap prices given the legitimacy of those in charge, the drill results and the associations with Sprott and Osisko.......also, insiders are buying this up too!