MGX Minerals Inc MGXMF

RE:Suppose PEA delivers great economics - whats the valuation?

[sapporostan]

great post- are you looking for a guaranteed price target at a fixed date in time!  last time i checked the market determines the price not a set price/earnings multiple.  i know only one other coo besides jared who is working 24/7 to move his company along.  anyone who contacts him, calls him, etc is wasting jared's time to accomplish his "many" projects.   the day traders have taken their profits and will move on. whether it is one or 3 years, i have enough faith that i will cash out somewhere between 5 and 15 but if this is a huge homerun, i have enough skin in the game to fly first class from now on.  all your questions will be answered in time.  jared needs 10 to 15 million or strong cash flow in 2017-2018.   we need to back off and let him achieve what we are hoping he has in the ground and advanced processing techniques.  this does not answer your concerns nor questions.   no one can.   again, wait until october 2017 to see where we are at.  it looks promising and as others say, never bet on just one horse.  the only answers jared will provide are"I am working as hard as i can to make myself and my stockholders wealthy"   we are talking about a 2 year junior mining company that has 4 properties that we hope will be cash flow positive in the next few years-all for under 50 cents-not a blue chip yielding a dividend-nothing ever works out exactly as planned or announced.  we accept delays.  relax and enjoy the ride.  look out the window, smell the roses, and deal with the ups and downs caused by day traders.   if,if,if then we will look back and say we made the right choice-the right investment