OTCPK:MGMXD - Post by User
Comment by
materialsgirlon Jun 16, 2017 1:28pm
110 Views
Post# 26371852
RE:RE:RE:Blue lgoon ownership
RE:RE:RE:Blue lgoon ownershipI cannot argue (with conviction) about the valuation of Blue Lagoon.
My sense is that something is amiss. Seekingalpha is not a source that an investor should use for getting data. Almost anyone can post any drivel there and they sometimes do.
I cannot believe that the value of 100% of Blue Lagoon is worth $160m to $200m. On a comparative basis that (100% basis) would make Blue Lagoon worth 60% of the AXY total equity. It seems nuts.
I do not believe it; however, I hope that it is true and I will skip desert for 2 days when it is sold.
mat