RE:RE:RE:RE:Market ValueFor that matter look at most internet tech stocks that have billion dollar plus market caps and are still reporting losses each quarter. Today's market cap is based on the earnings potential about 12-24 months out for most companies and for R&D, mining or other high risk high growth potential it seems to me that the evaluation is based on earnings potential many years out assuming all goes well and then you reduce that valuation using a discount percent like 8% for the value of money over time ( eaasntially the cost of waiting) and then further discount it based on perceived risks. That entire process is highly subjective and thus the nature of this being a speculative stock.
if you want to use normal valuations just go buy shares of coke.
if you like the potential reward of speculative stocks like this one then take your guess at what this could earn with a large number of powder machines, some PACWAD sales, some drosrite contracts and purevap royalty etc. Then begin to discount.